Health issues in the senior years can bring expenses that deplete retirement and estate assets. The Canadian Life and Health Insurance Association reminds us that, a place in a long-term care facility generally costs from $900 to over $5,000 per month. It all depends on the funding offered by the provincial plan. Critical illness and long-term care insurance can provide benefits to offset much of these costs,permitting the senior to maintain the value of his estate, to pass on to his heirs.