Long-Term Care Insurance
None of us want to think about needing help with daily activities, but planning ahead means you'll have choices. Long-term care insurance protects your savings and gives you options for quality care.
Preserve Your Independence and Dignity
What is long-term care insurance?
None of us want to think about needing help with daily activities, but planning ahead means you'll have choices. Long-term care insurance protects your savings and gives you options for quality care.
Quick Reference
Is this right for you?
Adults aged 45-70
Full coverage for private nursing home care when you need round-the-clock professional medical attention.
Those with family history of cognitive decline
Receive care in the comfort of your own home—often the preferred option. Coverage for nurses, personal care aides, and homemakers.
Anyone wanting to protect retirement savings
Coverage for assisted living facilities that offer the perfect balance of independence and available support.
Those without family nearby to provide care
Long-term care can cost $5,000-$10,000+ per month. Insurance protects your retirement savings and preserves your estate for your family.
Business owners protecting assets
Explore this coverage option.
Parents wanting to avoid burdening children
Explore this coverage option.
How it works
Future Planning
We discuss your care preferences, family situation, and financial goals to design appropriate coverage.
Coverage Design
Determine benefit amounts, waiting periods, and coverage duration based on your budget and needs.
Health Assessment
Complete the application including health questions. Cognitive and physical assessments may be required.
Policy Delivery
Review your policy and understand how to access benefits when needed.
What to expect
What This Covers
- Daily benefits from $100 to $400+
- Benefit periods from 2 years to lifetime
- Home care, assisted living, and nursing home coverage
- Inflation protection options
- Spousal discounts available
- Tax-qualified plans
- Respite care for caregivers
- Care coordination services
×Common Exclusions
- ×Pre-existing conditions (waiting periods may apply)
- ×Material misrepresentation on application
- ×Conditions outside policy terms
Protecting Ontario families with thoughtful coverage since 1999.
How we compare
As an independent broker, Michael compares policies across multiple carriers to find the best coverage and pricing for your specific situation.
Working with an independent broker means seeing the full market — not just what one insurance company wants to sell you.
Frequently asked
The ideal time is in your 50s or early 60s when you're healthy enough to qualify and premiums are more affordable. Waiting until you need care means you won't qualify, and waiting too long can mean higher premiums or health issues that prevent coverage.
Benefits typically begin when you need help with 2 of 6 'activities of daily living' (bathing, dressing, eating, toileting, transferring, continence) or have cognitive impairment requiring supervision.
In Ontario, nursing home care averages $6,000-$8,000/month, assisted living $4,000-$6,000/month, and professional home care $25-$35/hour. These costs are rising faster than inflation.
Provincial programs have long waitlists and limited coverage. Government-subsidized beds in nursing homes can have 2+ year waits. Private insurance gives you choices and avoids waitlists.
Many policies offer return-of-premium options or death benefits if you never claim. Some newer 'hybrid' policies combine long-term care with life insurance, guaranteeing a benefit either way.
Let's discuss long-term care insurance.
Reach out for a private consultation — no obligation.