What is Long Term Care Insurance

Long Term Care Insurance provides the Insured with the financial resources to take control of their future health and personal care services. It provides a flexible range of benefits and features to choose from, so that Insureds canc customize a plan for their specific needs.

Long Term Care Insurance pays a daily benefit if the Insured:

• Loses the ability to care for him/herself, due to cognitive impairment or a condition that results in the inability to perform two or more activities of daily living, and
• Requires the services of a Long Term Care Facility or professional assistance at home.

FACTS ABOUT LONG TERM CARE INSURANCE

Most of us can expect to celebrate out 80th birthday. But studies show that nearly half of today's popuation over age 65 will need some form of long term care. That means after age 65, your clients have a 50% chance of someday requiring long term care.

The seniors population in increasing dramatically and there is a growing need for long term care insurance

• 42% of Canadians are concerned about having to care for their parents when they get older.
• Nearly half of Canadians are concerned about becoming a burden when they get older.

Did you know:

Meeting Your Needs with Long Term Care Plan from CITY Finance

CITY Finance Advisor can help you begin planning today.