Traditional long term care insurance was considered the most logical solution to insure that you have the resources when the time comes that you need care versus relying on the government. This solution comes with its own set of issues. These traditional products require full underwriting, are difficult to obtain as over 50% of applicants are declined, and they are very costly and unfortunately out of reach for most Canadians.

is pleased to provide a solution to these issues through their proprietary (CARP-endorsed) long term care plans underwritten through recognized Canadian insurers. plans have been referred to as a gift for Canadians as they are easy to obtain and affordable. Underwriting consists of a short health declaration allowing for a 95% approval rate and immediate acceptance.

Comparison

Traditional Plan

  • 50% of applicants are declined
  • Products are very expensive and difficult to obtain
  • Underwriting process is cumbersome as it includes five years of medical records including doctors’ clinical notes
  • Detailed application, medical requirements, personal phone interview, cumbersome lengthy process

CARP-Recommended MyDignity Plan CARP-Recommended

  • 95% of all applicants are approved
  • Affordable and easy to apply for
  • No medical underwriting
  • Simple health declaration with immediate acceptance