Desjardins’ Long-term Care Plan

Posted on November 25, 2009 and updated November 2, 2010 in Canadian Life Insurance Companies, Desjardins Financial Security, Life Insurance Canada News 2 min read

Our second in a series of close look assessments of three of the leading long-term care insurance plans in Canada is coming at you now. We began with Sun Life, but now we examine Desjardins Insurance’s Long-term Care Plan.

Pros

A major benefit is that the client gets to use the funds as he/she sees fit and not necessarily in any care facility.

Cons

Premiums are only guaranteed for the first five years.
The policy is a bit high at $150/year.

The following is an example of pricing for a 60-year-old, female non-smoker: $232.31/month We should also mention that premiums are lower for men.

If you like more info on this, or any other long-term care insurance plan, visit our Long-term Care Instant Quote Page, or call our office at 1-866-899-4849.

What Clients Say About LSM

Cristina E. Ozoa

I’ve always had my insurances paid for by the company I work for and I always ended up continuing it when it is time to sever ties. When I felt the need to have another insurance, I did not know anyone in the industry. I was lucky enough to have googled the right provider - LSM Insurance - and met Syed Raza, who is a warm, professional, and very patient person. Syed never pushes you to sign up. That I find really amazing as most agents would push me to decide. He took time to visit me in my office to explain the details. Until now, Syed still continues to provide answers to my queries and I have been grateful to him for that.

I have recommended Syed Raza and LSM Insurance to the people I know and will not hesitate to that in the future. I am very happy with the excellent service and care that I have received.

Cristina E. Ozoa