- Personal Financial Planning
- Wealth Management
- Registered Retirement Savings Plan (RRSP)
- Registered Education Savings Plan (RESP)
- Tax Free Savings Account (TFSA)
- High Interest Savings Account
- Insurance Company Investment Products
- Risk Management
- Life Insurance
- Critical Illness Insurance
- Disability Insurance
- Long Term Care
- Travel Insurance
- Mortgage Insurance
- Property Insurance
- Auto Insurance
- Mortgage and Line of Credit
- Professional Service Referrals
Long Term Care Insurance
The advancing medical technology lowers the mortality rate. In the aging society, you or your dependent parents, may need to enter a long term care facility or receive special medical care at home.
Long term care may include:
- nursing care
- rehabilitation and therapy
- personal care (help with activities of daily living like dressing, eating and bathing)
- homemaking services (meal preparation, cleaning, laundry)
- supervision by another person
This type of care does not come cheap. Depending on the level of care you may need, the government health plan may not cover all the costs required.
With the benefit that comes from long term care insurance, you do not have to use your savings or RRSP, or fully rely on other sources of refinancing, like a second mortgage on your house. You will have a peace of mind in receiving professional nursing care and facilities for a long period of time.