| Who
will care
for me?
Long-term
care
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With medical science continuing to advance, we are living longer and surviving what were once considered terminal illnesses. But what would happen if you needed immediate care?
Immediate care
One solution is to pay a
sufficient single premium into an immediate care plan that would enable you to have your long-term care services paid for immediately.
Typically, such plans guarantee payments for the rest of your life.
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They are a special type of annuity, and the product provider will need to assess your health before commencement. If the insurer pays the long-term care provider direct under an arrangement it has made, then payments will be tax free. Prior to commencing your plan, you can choose to have increases applied to your payments.
Please e-mail or contact us for further advice about how to make provision for long-term care.
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The
Financial Services Authority does not regulate some forms of long-term
care
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