Long-Term Care Insurance
As the population ages and as people live longer, more people will be in need of long-term care. The expenses associated with providing these services pose the biggest risk to retirement-savings and this type of insurance should be part of every retirement plan. Long-Term Care Insurance provides a benefit that helps cover the cost of care home fees or attendant home-care fees without burdening families with the costs.
A disturbingly large number of Canadians do not have a strategy in place to pay for long-term care. This video discusses the impact of aging and the critical need for extended daily care in the last years of our lives.
In this short video, you’ll learn the basics of long-term care insurance, how it works and how it can protect you and your retirement savings.
Learn about the real story of Joe Mollicone and how his stroke and how very wise critical care and long-term extended care planning helped him and his family pay for the care Joe needed while protecting most of their retirement savings.
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