Around three –quarters of 65 year olds will need care at some point in their lives, according to the Association of British Insurers. A Long Term Care adviser can help you provide for your well-being.
As you get older, you might develop health problems that could make it difficult to cope with everyday tasks. You may need help to stay in your own home or have to move into a care home.
The state may provide some help towards the costs of this care depending on your circumstances. Help towards care is means-tested and the government employs this strategy to ensure those that can pay for their own care do so.
If you have savings and assets of more than £23,250 you will normally have to pay for your own care. This is something our team of Long Term Care advisers can help you with.
What kinds of long-term care insurance are there?
- Immediate care Long Term Care Insurance – you buy this when you actually need care
- Pre-funded Long Term Care Insurance – you buy this in advance, in case you need care in the future.
At Investment Solutions, our Long Term Care Specialists will help you provide for your well-being in the event that you need long term care.
We can show you how to optimise your investments to produce income to pay for care fees and advise on all kinds of Long Term Care Policies.