Desjardins Insurance has introduced Life LTC Advance, a life insurance policy that offers additional income for insureds who require certain types of care.

Read: Seniors ill-prepared for long-term care costs

The Life portion of the contract pays their estate a life insurance benefit, and the LTC Advance option provides a monthly benefit to insureds who require long-term or home care.

Life LTC Advance is distributed by Desjardins Insurance’s independent network. It is also available through the Desjardins caisse network as the Vision Accelerated Independence Option.

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