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care fee payment plan

sHi, I need some information on a plan that covers care home fee's or the short fall of these fees. I have been told that eldercare are the only company offering this policy.

Any help or advice would be great:D

Comments

  • dunstonh
    dunstonh Posts: 119,844 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    There is not only one company. However, there isnt much of a choice. You could get a local IFA that deals in long term care planning to see you as they will have access to all companies.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Hi, Thanks for that, Are there IFA who only deal in this type of plan, do you know any of the other companies names, I could approach them direct then.
  • dunstonh
    dunstonh Posts: 119,844 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Are there IFA who only deal in this type of plan
    There are probably some IFAs that specialise in that area. Most medium sized firms will have a specialist in house though. Smaller firms are less likely as it typically requiries a higher authorisation level and the business levels dont really justify the costs for most.

    www.unbiased.co.uk should have a filter on it to show firms that deal with long term care. Unselect option 2 after inputting your postcode (otherwise it only shows firms that pay to advertise and most dont), select long term care and you should get your local firms that deal with it.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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