As most of us are living longer than ever before it is possible that we may lose our ability to independently care for ourselves. Long Term Care Insurance covers what your provincial health care plan does not. Long-term care insurance provides financial protection should you become unable to care for yourself because of a chronic illness; disability; cognitive impairment, or other age-related conditions preventing you from managing a number of the activities of daily living without assistance. It provides you with the comfort of knowing that the support and financial resources necessary to pay the out-of-pocket expenses for care at home or in a facility are available to you when you need them.