There is a real chance that at some point in your life you may need to enter a long term care facility, or receive special medical care in your home. This type of care is not inexpensive, and depending on the level of care you may want or need, the costs may not be paid by your government health plan. This may significantly impair your savings or assets. This type of policy pays out periodic benefits to cover some or all of your health facility costs, home care, etc.
Ensuring we have proper coverage on our homes (usually our biggest asset) and cars are necessary to avert a potentially large financial loss. In addition, having adequate coverage for medical, dental and hospital stays outside the province can save you significantly if any serious medical ailment should affect you or your family.
A qualified financial advisor can assist you in identifying your insurance needs.
Note: A qualified financial advisor can assist you in identifying your insurance needs.