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Long term care insurance

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thedoc_2
thedoc_2 Posts: 12 Forumite
in Over 50s MoneySaving
Just a quickie,

Does anyone have any info regarding LTC insurance i.e. providers and approximate costs.

Any info would be of great help.


Cheers

thedoc

Comments

  • dunstonh
    dunstonh Posts: 119,646 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    You are only looking at having 5 immediate care plans available and 1 risk based (data is no more than 1 month out of date). All IFA products (although no mention if available via other sources a few only deal with IFAs).

    Its not exactly an area brimming with providers.

    2 plans with AXA, 1 GE life, 1 Norwich Union (Age Concern) and 1 with Pension Annuity FS. The Risk based was Prudential International

    The research software showed very different features, terms and benefits between the providers.

    The average min premium was £5000 (one was 10k and two were not disclosed)
    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.
  • thedoc_2
    thedoc_2 Posts: 12 Forumite
    Cheers ;)
This discussion has been closed.
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