Talk to our Licensed Insurance and Investment Agent
Talk to our Licensed Insurance and Investment Agent
Plan for the future and obtain health-care coverage as you get older
Long term care insurance can provide coverage if you unable to care for yourself and need assistance to manage daily living activities. Long term care insurance is not just for seniors, it could be for anyone. This plan also allows you to lessen the burden on your family and maintain more control over your future.
The biggest challenge with anticipating or insuring against long-term care costs is trying to estimate them. Someone may be healthy until they are 100 and go to sleep and not wake up, or they may develop a lengthy health issue at a young age requiring assistance beyond what family and government may cover, meaning significant out-of-pocket costs
Call 1800-666-0483 to speak with our licensed insurance advisors right away or email us at info@vertexinsurance.ca to book an appointment.
Your insurance premiums will depend on your age and health when you apply. So coverage is typically less expensive for younger applicants. The annual cost will also reflect:
Many LTC policies have a waiting period of 30 to 180 days or longer.
Typically, someone can receive long-term care insurance benefits when they become dependent on another person for care. This means they need:
You can make a claim to receive benefits when your coverage becomes effective. In most cases, that’s immediately after you buy long-term care insurance. Other long-term care plans only provide coverage after age 65.
Once coverage is effective, you must remain dependent for the number of days in the selected waiting period before you start receiving benefits.
90 Eastern Ave, Unit 31 (Old Unit #22) Brampton ON L6W 0B6
Disclaimer : Vertex Insurance and Investments Inc. is an insurance agency licensed to sell life and travel insurance products in Ontario. Our website’s content is tailored towards Canadian residents and visitors coming to Canada. Any variations between the rates mentioned on our website and shown in the specific company’s software, the latter will be considered final. Please see the policy documents for full disclosure of the terms, conditions and exclusions. The logos and the trademarks used on the website are owned by the respective entities.
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