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Health insurance news: Partnership Assurance

Partnership Assurance is a trading name of Partnership Life Assurance Company Limited, part of the Partnership Assurance Group. Established 2005 to buy the Pension Annuity Friendly Society, a specialist provider of financial solutions to those with health conditions. Provides impaired life solutions for retirement, long term care and protection

Partnership Assurance : Company profile

Recent news

41% of over 45s would use property to fund care The Partnership Care Index says that 41% of people between 45 and 85 say that they would need to fund long-term residential care by renting or selling their property.
Partnership for sale Owners Cinven are looking to sell specialist provider Partnership. Several interested parties have been contacted and the most likely outcome is an auction to the highest bidder.
Elderly are prepared to fund their own care A new survey into attitudes among the over 50s towards long term care funding by Partnership, suggests strong and wide ranging opinions on one of the key issues of our time.
Elderly people paying higher care home fees than a local authority Partnership estimates elderly people paying their own care home fees may be up to £111 more per week for the same levels of care as local authority funded residents.
Partnership stops selling pre-funded care insurance Partnership is no longer offering its pre-funded long-term care insurance policy. It may re-launch the product if government proposals for future provision of long term care include insurance plans.
Over 50s drastically under-estimate the cost of long term care The Majority of people in the over 50s age group severely under estimate the cost of long-term care in older age, according to long term care funding specialist Partnership.
Most people know nothing about long-term care insurance New research from advisors partnership suggests that most people over 50 do not know that there are insurance products for funding long-term care. Half say they would sell their home to finance care for themselves.
Care services reform fails to address looming long-term care funding gap The Government has launched a Green Paper on the reform of care services in England. It contains a range of proposals subject to public consultation.
Partnership introduces money-back guarantee on care fees payment plansgetting better' Partnership, the specialist retirement solutions provider, has introduced an industry-first money back guarantee for people purchasing its care fees payment plans. The new guarantee, which comes as standard on all except its pre funded plan means that if death occurs in the first six months of the policy, a proportion of the purchase price will be refunded (net of fees already paid) on a sliding...
Cinven to purchase Partnership Assurance Partnership is the UK's premier provider of financial products for individuals with reduced life expectancy. Cinven will acquire Phoenix Equity Partners majority shareholding, subject to regulatory approvals.
New lifetime mortgage launched for people with medical problems Partnership Assurance, a provider of ill-health retirement and care solutions has announced the launch of a fully underwritten lifetime mortgage for people suffering from medical complaints, which it has said it believes to be the UK's first product of its kind. Available exclusively through financial advisers, the product, offered in association with New Life Mortgages, is specifically designed...