Long Term Care (LTC) insurance isn't just for seniors. You may become unable to care for yourself for 90 days or more at any point in your life. Long term care insurance can cover some of the costs of a care facility or a caregiver in your own home following an accident or illness. Here's everything you need to know about LTC Insurance.

2. T R U S T L I F E & I N V E S T M E N T S
Long term care isn't just for seniors. You may
become unable to care for yourself for 90
days or more at any point in your life. Long
term care insurance can cover some of the
costs of a care facility or a caregiver in your
own home following an accident or illness.
LTC insurance can provide coverage if you
become unable to care for yourself and need
assistance to manage daily living activities.

3. be reimbursed for eligible expenses that you may have on a given date, up to a
pre-determined maximum
receive pre-determined monthly payments
You'll typically have to wait 30 to 180 days after becoming disabled before you get
benefits. Some additional conditions and restrictions may apply.
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4. Depending on the plan, you can purchase benefit
amounts as high as $10,000 per month. Some
plans require you to submit receipts up to a non-
cumulative monthly maximum. Others offer an
income-style benefit that will pay you a set amount
each month. You can then use this money for
whatever you and your family may need.
T R U S T L I F E & I N V E S T M E N T S

5. The money from long-term care insurance can pay
for care at: your home, at an adult day-care program,
in an assisted-living or long-term care facility.
These programs and facilities provide services such
as nursing care, personal care or homemaking
services.
T R U S T L I F E & I N V E S T M E N T S

6. the type and amount of coverage you choose,
the length of time you will receive benefits andthe waiting period you select.
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:
The waiting period is the length of time you must be continuously dependent
before you can make a claim. Many long-term care insurance policies have a
waiting period of 30 to 180 days or longer.
T R U S T L I F E & I N V E S T M E N T S

7. Typically, someone can receive long-term care
insurance benefits when they become dependent
on another person for care. This means they need:
constant supervision by another person because of
deteriorated mental abilities, substantial physical
assistance with two activities (from a list of six) of
daily living like getting dressed or eating, or stand-
by assistance for bathing and transferring.
T R U S T L I F E & I N V E S T M E N T S

8. 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.
Some plans will pay benefits for up to one year. But other plans may pay for
two years, five years or even an unlimited period.
T R U S T L I F E & I N V E S T M E N T S

9. Some insurance providers allow you to convert critical illness insurance to
long-term care insurance between the ages of 60 and 65 without having to
answer questions about your health.
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10. T R U S T L I F E & I N V E S T M E N T S
Long-term care insurance benefits can
give you flexibility and control. This way,
you don’t have to borrow money, use
up your retirement savings or sell your
house to pay for the care you need.

11. TRUSTLIFE&INVESTMENTS
Talk to our experienced advisors
regarding your best Long Term
Care insurance options. No fees,
no obligation!

12. Website: trustlife.ca
Call us - 18558687878
Mail - csteam@trustlife.ca