Products
Immediate Care Plan
If you need cover to begin immediately, a single lump sum payment guarantees that a regular, tax-free income is paid to a registered care provider for the remainder of your life.
If you’re concerned about care fees becoming more expensive in the future, you can choose to have the income from your plan increased (or ‘escalated’) annually by between 1% and 8%, in 1% increments, after which the rate is fixed. Although it is not guaranteed to cover the full amount, this should go some way towards helping ease the issues of inflation.
Suitable if you:
- need immediate care from a registered provider, either at home or residential, on an indefinite basis
- want a certainty of payments for the rest of your life
There are two additional options that you may wish to consider with an Immediate Care Plan:
