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Partnership Assurance : Immediate Care Plan

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Product profile

 

Description 

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
  

For

  • Those who need indefinite  carefrom a care provider  now
  • Age 60 or over
  • Wanting care in UK , any other EU country, Channel Islands , Isle of Man , USA,Canada, Australia or New Zealand
 

Cover

  • Pays out all monthly benefit to care provider
  • Care in a home or in your own home
 

Basis of cover

  • Payments direct to care provider are tax-free
  • Monthlyor four weekly  payments
  • Benefits continue until death or care no longer needed
  • Single premium
  • Minimum premium £5000
  • If care no longer needed, can convert to an annuity
 

Options

  • You choose the amount
  • Escalator of benefits - various percentage increases available
  • Capital Protection - guarantee return on capital to estate within fixed period
  • Capital Protection Plus - guarantee return on capital to estate when you die
     
Last updated: 20 January 2008