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Long Term Care Insurance

Although Canada is known to have a generous government providing old age service to its residents, with the population continuing to age, long term care insurance plans have gained acceptance as a supplement to government programs in financing losses related to functional or cognitive abilities. These include ongoing medical expenses, as well as related housing and support costs.

Many clients are keen to maintain their financial independence and plan ahead with such a policy so as to reduce the burden that might be placed on their family members as they age in the future. If this describes you, please talk to a Grandtag Financial advisor to get a better understanding of this solution.