08/17/2026
CONSIDER LONG-TERM CARE INSURANCE NOW!
While you are working that 9-5 job, strongly consider Long-Term Care Insurance that is offered as a benefit to employees!
Key Benefits of Long-Term Care Insurance
Financial Protection: LTCI helps cover the high costs of long-term care, which can range from $1,000 to $15,000 per month depending on the type of care and location
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www.sunlife.ca
+1 By paying premiums while healthy, policyholders avoid depleting their savings or retirement funds when care is needed
Ramsey Solutions
Ramsey Solutions
Flexibility in Care Options: Policies often allow you to choose between in-home care, assisted living, or nursing facilities, giving you control over where and how you receive support
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www.sunlife.ca
+1 This flexibility can help you remain in your home longer with modifications and professional assistance
Ramsey Solutions
Ramsey Solutions
Income-Style Benefits: Many LTCI plans provide a weekly or monthly benefit that functions like an income, covering personal care, nursing, therapy, and daily activities such as bathing, dressing, and feeding
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www.sunlife.ca
+1 Some plans do not require submitting receipts, simplifying access to funds.
Reduced Family Burden: LTCI alleviates the emotional, physical, and financial stress on family members who might otherwise provide care. It ensures professional support is available, allowing families to focus on quality time rather than caregiving logistics
Ramsey Solutions
Ramsey Solutions
Early Planning Advantages: Purchasing LTCI at a younger age or before health issues arise generally results in lower premiums and higher approval odds. Premiums are typically more affordable around age 60, and early planning helps secure coverage before age-related exclusions apply
Ramsey Solutions
Ramsey Solutions
Peace of Mind: Knowing that care needs will be met without compromising financial security provides reassurance for both policyholders and their loved ones
Ramsey Solutions
Ramsey Solutions LTCI also covers home modifications and in-home services that enhance safety and independence.
We offer trusted insurance products and investment solutions to Canadian residents and organizations. Get secure access to your employee benefits, health claims and group savings plans. Or, connect with a Sun Life advisor to get life or health insurance, set up a savings plan, open an RRSP and TFSA....
