LONG TERM CARE INSURANCE

Long Term Care Insurance provides benefits to pay the cost of health and personal care services for someone who becomes unable to care for himself or herself.

It is more related for to older people. It is very different from Life Insurance, Disability Insurance and Critical insurance.
Our medical system is already unable to deal with the overload, and we are seeing drastic cuts in funding for residential long-term care.
It is estimated that at least 40% of all people over 65 will need some form of long-term health care services.

Look Of costs

Current home care costs about $25 per hour, and up to $55 per hour for some services.
Private facilities range from $2000 to $6000+ per month! And don’t forget, this is the cost per person.
Even a government facility will cost you from $600 to $1400 per month.
If you look on above written costs long term care is very expansive.
These day’s most of insurance companies are allowing if you buy disability insurance today later on you are allowed to convert Disability insurance to Long Term Care insurance.

Features of Long Term Care Insurance

Provides nursing or home care money for in home.
Available for people aged 40 to 80.
Perfect for those approaching retirement age..
Daily benefits available from $25 to $300 a day.
Having your own policy, you no longer depend on provincial health care.
At some point in their lives, 6 out of 10 people will require some form prolonged care.
The cost of care can easily be upwards of 30 to 50 thousand dollars a year, making long term careinsurance must for retirees.

Our professional team at Sahib Insurance will help to choose best long term care plan.