Product Features

We offer two solutions to funding Long Term Care:

  • Immediate Care Plan – for those who need Care to start immediately and want a known, regular income for life to help meet Care costs. This Plan can also include Capital Protection – to ensure a minimum percentage of capital is returned from the Plan if death occurs within a pre-agreed period, a separate decreasing term assurance policy is issued.

  • Deferred Care Plan – for those who have the means to cover their own Care fees for the short term but would like the assurance of an income for life that starts at the end of the selected deferred period.

Product Features

Feature Immediate Care Plan Deferred Care Plan
 Age range From 60, no maximum From 60, no maximum
Purchase price Minimum £5,000 Minimum £5,000
Money Back Guarantee Yes - % of capital invested is returned if death occurs during first 6 months* Yes - % of capital invested is returned if death occurs during first 6 months*
Capital Protection Yes - 1% to 75% of investment No
Benefits payable outside of Estate on death Possible - if Capital Protection applies and is written under trust No
Escalation 1% to 8% 1% to 8%
RPI Yes No
Income Payment frequency Four weekly
Monthly
Four weekly
Monthly

 *The money back feature comes as standard with these policies.