It is still believed that government plans will assist with the financial burden of long term care should the need arise. Canadians are living longer than ever before and advances in medicine mean that people are surviving illnesses that were previously life threatening. Often this results in a disabling condition requiring personalized medical care. The over-burdened Canadian health care system may not be able to accommodate or meet the demands of an aging population.
Most people want to make their own choices regarding the quality and type of care that they would receive, should they develop a chronic illness or cognitive impairment. This can prove costly. Long-term care insurance provides a benefit to cover the costs of facility care or provide home health services. This type of insurance assures quality care, dissipates fear of outliving savings and can also allow more assets to be transferred to family or charity.
The government of British Columbia has prepared a guide for Advanced Care called My Voice. Click in the picture to download the guide.
This information is generic and you should look at your quote and policy conditions before purchasing. Ektos Financial offers a selection of Long Term Care Insurance Plans that offer protection to you and your loved ones.
What make us different?
We listen and we wait for our turn to speak.
We are committed to establishing a relationship based on keeping promises, respecting boundaries, communicating and understanding what you want to accomplish in life.
We design and implement financial plans that integrate cash flow and debt management, insurance and investment planning, as well as retirement and estate planning.
Moreover, we will create a financial plan that coordinates the work of financial, banking, insurance, investment, accounting and legal professionals.
Check the About Us page for more details.
Getting Started:
Contact Jose Cid at 604 229 2332 or fill the contact form below.