LONG TERM CARE INSURANCE
Long Term Care Insurance provides for the day-in, day-out assistance you need when a serious illness or disability renders you unable, physically or cognitively, to care for yourself for a lengthy period of time. Long-term care can be provided at home or at a nursing facility, assisted living or alternative care facility.
Long-term care needs can occur at any age. A long-term care policy can prevent work interruption to care for aging family members. Having a long-term care policy may help you avoid draining your financial resources at the expense of your standard of living.
Canadians require long-term care services, with more than one-third of all costs coming out of the families' pockets.Here are some other eye-opening statistics:
- The average daily rate for nursing home care is more than $125. The average nursing home cost is approximately $50,000 per year.
- The average daily charge of assisted living is about $60 (or $22,000 per year), and home care costs for the chronically disabled are about $15,000 per year.
- Over 48% of Canadians age 65 and older will enter a nursing home at some time during their lives.
Contact Sukhinder S Gill today for a quote or to arrange a review of your insurance needs.
Being sensitive to the needs of customers with intuitive insights into their priorities. Better understanding our customer needs.Imparting valuable advise and relevant solutions. We do what we say.
Quick Links
- Insurance
- Life Insurance
- Term Insurance
- Term 100 Insurance
- Limited Permanent Life Insurance
- Universal Life Insurance
- Participating Whole Life
- Non-Participating Whole Life
- Guaranteed & Simple Issue Life Insurance
- Accidental Death & Dismemberment Insurance
- Living benefits
- Disability Insurance
- Critical Illness Insurance
- Simplified Issue Critical Illness Insurance*
- Travel Insurance
- Long term Care Insurance
- Synergy-Life-Disability-Critical Illness
- Mortgage
- Group