Long Term Care Insurance by Craven Financial Planning
Long-term care insurance ensures that you are financially protected if you need extended care services due to aging, disability, or a chronic illness.
Protect Your Future with Long-Term Care Insurance
With long-term care insurance in Canada, you can protect your financial future by ensuring coverage for extended care services if you become unable to perform daily activities due to aging, disability, or illness.
This insurance provides flexible coverage options, allowing you to customize a policy that meets your specific needs.
Whether it’s covering the cost of in-home care, assisted living, or nursing home services, long-term care insurance helps you maintain your quality of life without depleting your savings.
Common Questions and Answers:
- What services are covered by long-term care insurance?
In-home care, assisted living, and nursing home care are typically covered. - How does long-term care insurance work?
It pays for care services once you are unable to perform certain activities of daily living, like bathing or dressing. - What strategies can maximize long-term care coverage?
Customizing your coverage amount and periodically reviewing your policy ensures you have the right protection.
Ready to secure your future with long-term care insurance? Contact Financial Planner William (Bill) Craven for personalized strategies.
Ready to Protect Your Future with Long-Term Care Insurance?
Whether you’re just starting to explore insurance options or seeking to enhance your current coverage, William (Bill) Craven will help guide you through the process.
Get started today
Long-term care insurance offers peace of mind by providing financial protection if you require extended care services due to aging, disability, or chronic illness.
Frequently Asked Questions about Long Term Care Insurance
Long-term care insurance covers the cost of extended care services such as in-home care, assisted living, or nursing home care if you're unable to perform daily activities due to illness, injury, or aging.
Anyone concerned about covering future long-term care expenses and protecting their savings should consider it.
It typically covers services like in-home care, assisted living, nursing home care, and personal support services.
Costs vary based on factors like age, health, and the level of coverage you choose.
You can use it when you're unable to perform essential activities like dressing, bathing, or eating, as defined in your policy.
In certain cases, long-term care insurance premiums may be eligible for tax deductions if they meet specific criteria.
Yes, policies can be tailored to fit your specific needs, including the amount of coverage and the duration of benefits.
