Long Term Care Insurance


The costs of Canadian long term care facilities and in-home care services are on the rise.  Tending to the needs of another is often a full-time job and, in an increasingly demanding society, can be quite tiring without the right assistance.  Planning for these additional future needs with long term care insurance can help alleviate and simplify one’s way of life.  Let us show you how easy and affordable it can be!

Stay in Control.  Stay in your home until you decide that you would be better served in an extended health care facility. 

Features of long term care insurance

  • Provides money for in home or nursing home care.
  • Available for people aged 40 to 80.
  • Perfect for those approaching retirement age, who do not want to become a burden on their family.
  • Daily benefit available from $10 to $300 a day.
  • Having a policy is like having your own private medical plan. You can now afford the service you want, so you no longer depend on provincial health care.
  • At some point in their lives, 8 out of 10 people will require some form prolonged care.
  • The cost of care can easily be upwards of 40 to 60 thousand dollars a year, making long term care insurance a must for retirees.
  • You have permanent coverage, but premium payments are generally limited to 20 years.


Major uses of long term care insurance

  • Protect hard earned retirement savings.
  • Maintain independence and dignity.

How does long term care insurance fit with the benefits I might receive from the government?

The income from long term care insurance can supplement the care you receive from the government.

For home care:  Use it to purchase additional nursing and homemaker support that will allow you to stay in your house or retirement home for as long as you want.  If you hire a service provider directly or wish to retain additional services, long term care insurance will help you pay for these services.

For care in a long term care facility: Use it to upgrade to semi-private or private accommodations.


CWF Group lends clarity to these questions and so many more.  To find out more click here to speak with one of our specialist.