Later Life Planning
If you are considering taking out and Equity Release product, there are a number of things that you will need to consider, and on which we can help and advise you.
At the same time, it might well be worth thinking about a number of other matters that may impact you when considering later life planning.
We can help, so why not call us on: 0800 080 7653
....or email us at:
Long-Term Care Insurance
Long-term care insurance (LTCI) is designed to pay out a series of sums of money, usually each month, when a person (usually an elderly person) needs long-term care.
Long-term care is needed when someone is unable to look after themselves, e.g. following a stroke or if they become very frail. These sums are used to buy care either in the home or in a residential care home. Most policies are designed to pay out for as long as the person needing care lives. Later life policies are designed to provide a cash lump sum on diagnosis of needing long term care.
Market for Long Term care is small, but, under certain circumstances such policies may be appropriate when considering your long term needs.
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