Long Term Care
As we all get older, the chances of needing more personal care becomes greater. Eventually, we may have to be confined to a long term care facility. Unfortunately, here in Nova Scotia, in some cases that may mean a long wait – as much as a year or more before a space becomes available. You may have no choice but to receive medical and personal care at home. The cost of this care as well as care in a nursing home is quite expensive – and a significant part of that expense may have to be paid by yourself – depending on your income level.
In planning for such a contingency, several Life Insurance company now provide insurance coverage in the event that you require either home care or long term care in a nursing home.
To review your options, contact Gerry at Mendleson Financial Inc. and we will be happy to review various plans that will help you meet your long term care needs.