Janea Bellay

Like most people, when you retire, you would like those long-cherished dreams to finally come true.  After all, you have been saving up for plenty of years. So when it finally comes time for you to live your ‘retirement’ dreams, you shouldn’t have to hold back in fear that your savings may be needed in the event of a loss of independence.

I’d like to introduce you to a new product that will boost your retirement income, provide you financial security and dignity should you run into major health problems that require long-term care.  It provides the means to obtain quality health care without having to sacrifice your dreams.

• How Does It Work?
• How Will You Afford It?

Long-Term Care Insurance provides for the payment of a monthly benefit to insured’s who have lost their functional independence.  These individuals are free to use their benefit as they see fit.  Whether they obtain the necessary care for their condition in the comfort of their own home or perhaps decide to replace the lost income of a loved one that is providing the care they need and deserve … the choice and flexibility is theirs.

READ Star Phoenix Article: “Long-term care backlog clogs system“. What will you do when there isn’t enough room in the nursing home for you?

Long-Term Care Insurance guarantees the payment of a monthly benefit:

• If the insured becomes unable to perform 2 of the following 6 daily activities of living without the help of another person: bathing, dressing, toileting, transferring, continence, eating

or

• If the insured is suffering from a cognitive impairment endangering his health or safety (for example, Alzheimer’s disease and other types of permanent senile dementia).

Despite the health problems that inevitably come with age, who doesn’t want to remain in the comfort of their own home as long as possible?  Do you know anyone — friends, family, or neighbours — who had to leave their home when they lost their functional independence and required help to carry out simple activities of daily living?  This is usually a heart-wrenching decision for anyone who has to leave as well as for the family.

With Long-Term Care Insurance, this entire situation could be avoided.  It is long-term care coverage to safeguard against the loss of independence which allows an insured to maintain their lifestyle without losing financial independence or becoming a burden on their loved ones.

DO YOU HAVE AGING PARENTS?

It is estimated that about 1 out of 5 Canadians is caring for an aging parent or loved one.  With an aging population, this situation is very common and could affect you too. Because you love your family, you want them to have the care they deserve and to be able to continue living in their home as long as possible. This is why Long-Term Care INsurance has entered the marketplace. To provide dignity and financial security to your parents in the event of loss of independence.