Immediate Needs Annuity
Care Home Annuity
These type of policies are impaired life annuities - sometimes called care fees annuities or a care home annuity and are designed to help fund care for those who need it immediately. If you are in poor health and already need care, or you are about to go into a nursing home, it is possible to pay a single premium to buy a policy which will begin paying for your care immediately. These policies will continue to pay out for as long as the person needs the care - no time limit.
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The advice and/or guidance contained within this site is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK