As Baby Boomers reach the age of retirement, and due to the fact that Canadians are living longer than ever, the need for Long Term Care coverage becomes more and more important.
The average senior can wipe out a lifetime of savings in only 2 years in a nursing home!
Below are examples of some of the expenses that Long Term Care Insurance could cover::
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Nursing Homes |
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Attendant Care / Companions |
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Therapy and Therapeutical Devices |
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Special Needs Care as required for Alzheimer's Patients etc. |
The annual cost for Nursing Home residency can exceed $50,000. Are you going to place this financial burden on your loved ones?
Copyright (C) 2009, Ledgers Financial Services Inc.
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