If you or a relative require long term care, one of the biggest concerns can be the costs. Residential care, in particular, can be incredibly expensive and a real burden on your finances. With a long term care annuity you can effectively cap the cost of long term care.
Why Consider a Care Fees Annuity?
With a care fees annuity, you essentially cap the cost of your ongoing care. You can rest assured that, for a lump sum, your care fees will be met for as long as is required. This is particularly useful for those who are likely to require care for the rest of their lives.
You can purchase a care fees annuity (also known as an ‘immediate needs annuity’) whereby, in exchange for a lump sum, the cost of your ongoing care will be met by the provider.
Care Fees Planning
Get help and care advice from our expert care fees planning advisers. The choice of staying at home for care or going into a nursing home and the fees required can all be discussed with you and your family.
Care fees planning can be very complex and it is best to seek the help and guidance of expert financial and legal advice, we can help here with our links with specialist legal firms that also specialise in care fees planning. Our recommendations are provided after we have researched the entire market for the most suitable care fees plan for your individual needs and requirements.
