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Did You Know?

By Canadian Long Term Care Funding Center Inc.
Posted: Friday, April 30th, 2010

This is Margaret and her mother, Clara. In order for Clara to continue living in her home, Margaret has moved in to help care for her. Margaret doesn’t have children and wants to know who will do the same for her when she gets older.

As we are living longer, more and more of us will require care during our retirement years. Today, the cost of private in-home or facility care ranges from $3200 to $8000 a month, and it is increasing every year. This reality could put tremendous stress on your assets in the future. Yet there is a way for you to receive quality private care without decimating your estate to pay for it.

We can help you transfer this risk with an effective plan for your future care. Learn more at our upcoming information meetings, or call us for your complimentary consultation.

Make the choice.

www.ltcfc.com 250-590-6768 info@ltcfc.com

What is Long Term Care?

Medical and non-medical services provided to people who are physically or mentally unable to provide care for themselves. These services can be provided in either your home or through a facility. The cost associated with this care may or may not be provided by the Government. A means test is required to determine your elibility.

Did You Know...

• Canadians 65 and older will spend 1/3 of their lives as seniors
• A couple aged 65 and older has a 66% chance that one of them will require care during retirement
• Nearly half of Canadians over age 65 will need some form of long term care
• The Government may or may not provide assistance should you require care in the future
• Costs of care are increasing annually
• Care can be provided in your or home or a facility
• You can purchase insurance to pay for part or all of the costs of care
• You have a choice

Long Term Care Insurance helps to preserve your quality of life, dignity and financial security.

Our company provides Canadians with Consulting & Brokerage services associated with funding thecost of “PRIVATE” long term care, during their retirement years. These are the costs associated with assisted living: in home or through facility care.

View All Articles by Canadian Long Term Care Funding Center Inc.

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