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    • patel007
    • By patel007 17th May 17, 10:18 PM
    • 739Posts
    • 261Thanks
    Care Home Fee's Insurance
    • #1
    • 17th May 17, 10:18 PM
    Care Home Fee's Insurance 17th May 17 at 10:18 PM
    Hello. I was looking on the net for anything that remotely resembles insurance for care home fees, but found nothing.

    Me and the Mrs have a life insurance that will pay out on the first death, and this runs for 30 yrs I think as long as we keep up the monthly premiums for both of us.

    We are both working, in relatively good health over 50 yrs of age and worried re care home fees may eat into our savings/investments and want an insurance for this that will pay out money if one of us has to go into a care/nursing home.

    Are there any companies that provide this type of thing and approx what cost per month for both of us for cover and lets say, 100k please? (We are worht a few quid inc our home, rental properties and cash, want to be prepared as much as possible so our children and grandchildren are not burdened with CGT/IHT and the insurance payout will help ease the blow.
Page 1
    • Keep pedalling
    • By Keep pedalling 17th May 17, 11:10 PM
    • 4,995 Posts
    • 5,555 Thanks
    Keep pedalling
    • #2
    • 17th May 17, 11:10 PM
    • #2
    • 17th May 17, 11:10 PM
    AFAIK there are no such policies, but with an estate of getting on for 1.5M why are you worried about a piddling 100k?
    • csgohan4
    • By csgohan4 17th May 17, 11:14 PM
    • 4,429 Posts
    • 2,782 Thanks
    • #3
    • 17th May 17, 11:14 PM
    • #3
    • 17th May 17, 11:14 PM
    If you get one, I would also like to know. Otherwise how can be in business?? What a silly business model where everybody claims
    "It is prudent when shopping for something important, not to limit yourself to Pound land"
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