Immediate and Deferred Care Plans

AN OVERVIEW

Regular guaranteed income payments to help your client pay their Care fees

At Just, we offer two solutions to funding long-term care, our Immediate Care Plan and our Deferred Care Plan. In exchange for a one-off payment, both plans will provide a guaranteed income to help pay for your client’s care fees for as long as they live.

The amount payable is agreed at outset and under current legislation, payments made to UK registered care providers are tax free.

Our two solutions to funding long-term care are designed for people aged 60 or over, already receiving care (or will be within the next 12 months), and want to pay for it without any investment risk or threat to their eventual legacy.

Immediate Care Plan

• An immediate needs annuity
• For those who need funding to start immediately, and want the certainty of a regular, guaranteed income for the rest of their life.
• Includes a six month Money Back Guarantee as standard. This means if your client dies within the first six* months of the plan, we’ll pay their estate a percentage of their original premium less any payments we’ve already made.
• Your client can also include Capital Protection to protect a percentage of their original premium for more than the first six months of their plan. When your client dies, we’ll pay their estate the percentage they’ve chosen to protect, less any payments we’ve already made.

More details of our Immediate Care Plan and the options that can be selected can be found on our ‘Choosing your options’ page and in our Care Funding Plan Key Features document.

Deferred Care Plan

• A deferred needs annuity
• For those who can afford to cover their own care fees for up to five years, but would like the certainty of an income for life that starts at the end of the selected deferred period.
• Includes a six month Money Back Guarantee as standard. This means if your client dies within the first six* months of the plan, we’ll pay their estate a percentage of their original premium less any payments we’ve already made.

More details of our Deferred Care Plan and the options that can be selected can be found on our ‘Choosing your options’ page and in our Care Funding Plan Key Features document.

*In light of Covid-19, we’ve enhanced our Money Back Guarantee. Should your client die during the first twelve months of their plan and have Covid-19 documented on their death certificate as a contributory cause, we will pay their estate 100% of their original premium less any payments we’ve already made. This is a temporary enhancement and could be withdrawn at any time.