Capital Protection

If you take out an Immediate Care Plan and are concerned that you won’t get value for money if you die during its early years, Capital Protection is a separate decreasing term assurance policy that allows you to protect between 1% and 75% of your premium. It pays out a lump sum to your estate or beneficiaries if you die during the policy term.

The protected amount decreases as the income paid from your Immediate Care Plan increases, with the policy terminating once you have received the equivalent in income payments as the original sum protected.

Capital Protection can only be taken out in conjunction with an Immediate Care Plan and cannot be a standalone policy.

Suitable if you:

• are concerned that you may die in the early stages of an Immediate Care Plan
• need immediate care from a registered provider, either at home or residential, on an indefinite basis
• want to protect some of your investment by taking out fixed term life assurance