Talk to an advisor to find out how insurance can help you financially protect your future. 

We're here for you. Advisors are continuing business virtually. They can connect with you by phone or Zoom video chat.

Choose the level of care that's right for you.

Bring care into your home so you don’t need to downsize or move.

Support your family financially if you live with them at an older age.

Protect your personal savings from the expensive cost of care.

Pay for care at-home or at a care facility.

Your health is likely to change a lot as you age.

Long-term care insurance (LTCI) from Sun Life offers a monthly, income-style benefit if you become unable to care for yourself due to:

   • aging,
   • an accident,
   • an illness or
   • deteriorated mental abilities.

You can use the money from this benefit any way you want. Plus, with long-term care coverage in your pocket, you’re less likely to dip into your savings or your family’s savings to cover the cost of care.

For example, you may have a serious health condition, a degenerative illness or dementia. This could mean that you’ll need constant care either at home or at a facility.

But who will pay for that care? Your provincial health plan won’t fully cover everything and you may not want to burden your family with additional expenses. This is where long-term care insurance lends a helping hand.

Frequently Asked Questions

Your insurance premiums will depend on your age and health when you apply. So coverage is typically less expensive for younger applicants. The annual cost will also reflect:

  • the type and amount of coverage you choose,
  • the length of time you will receive benefits and
  • the waiting period you select.

Many LTC policies have a waiting period of 30 to 180 days or longer. 

Typically, someone can receive long-term care insurance benefits when they become dependent on another person for care. This means they need:

  • constant supervision by another person because of deteriorated mental abilities;
  • substantial physical assistance with two activities (from a list of six) of daily living like getting dressed or eating; or
  • stand-by assistance for bathing and transferring (e.g., moving from a chair or out of bed).

You can make a claim to receive benefits when your coverage becomes effective. In most cases, that’s immediately after you buy long-term care insurance. Other long-term care plans only provide coverage after age 65.

Once coverage is effective, you must remain dependent for the number of days in the selected waiting period before you start receiving benefits.

Learn more about how long-term care insurance works

Not sure what’s right for you? We’re here to help with our great advice


An advisor can offer more information to help you decide whether long-term care insurance is right for you. They can also answer questions and address any concerns you may have. 

Most advisors now offer to talk to Clients by phone or video chat. Find an advisor today.