WHY YOU NEED LONG TERM CARE

It allows you to preserve your dignity in the event of a physical or mental
condition causing you to lose some or all of your independence
long-term care is a continuum of care, housing, and services needed when
the aging process begins to exact a toll on our cognitive and physical abilities.
It is custodial care, not skilled care, which is not paid for by most government programs
you will not have to rely on your savings, or sell assets to pay for nursing care
LTC removes the pressure of having to save for future health problems
you will not have to rely on family or friends for financial assistance or to
look after you
it will help avoid family disputes
it should become a part of your retirement planning at age 50 or older
no level of Government will provide adequate services for persons who
have lost their independence
if you do qualify for Government care you may not be housed in an area
close to family and friends
as our population ages there will be fewer beds available in care facilities
if an individual needs care, a LTC policy gives the choice of institutional care
or remain in your own home
the waiting time to get into a government run facility could be up to 4 years
the cost for in home nursing ranges from $25 to $65 per hour
in a private facility the cost for a Basic room runs from $1,500 per month
to $2,200 per month for a private room
if you or a parent needed personal care today and your only source of
funds was your retirement investment funds. How would your retirement
be effected considering the depletion of most an individual’s retirement assets
in the last two years
when you purchase an LTC policy you are one phone call away from all the
health, legal and daily living information you need
increased life expectency is creating a greater need for LTC Insurance
parents and their children will be seniors at the same time
the Canadian population age 80 or over is growing the fastest

Features of LTC How to Apply Contact Us

Bruce A Hollett & Associates
401-1630 Pandosy Street
Kelowna BC V1Y 1P7
voice 250-861-1006 or 1-866-861-1006 fax 250-861-6177, e-mail questions@telus.