Care Fee Plans

Once you find a care home or care agency you like, the next big question you should address is how will you continue to pay the fees? That’s where a care fees plan comes in.

A care fees plan that is professionally designed will not only ensure fees remain affordable but will preserve as much money as possible and for many families, a care fees annuity becomes an essential part of any care plan.

For this reason, care fee annuities are often referred to as a “care fees plan”.

What Risks Do Care Fee Plans Have?

As the premium for a care fees plan or care fees annuity is calculated by insurers based on how long they feel they will need to pay, inevitably there is a risk that in the event of early death, the total benefits paid by time of death may not have been as much as you have paid.

This risk can be reduced by opting for some limited capital protection where you can chose to protect either 25% 50% or 75% of the premium will always be paid either in income or any balance or the amount protected being returned to the estate.

You can read more about escalation and capital protection on our annuity options page

How Much Do Care Fees Annuity Cost?

Each care fee annuity is individually priced based on the medical history of the person insured.

This makes it impossible to give you any accurate immediate quote.

However, being a major specialist care fee annuity broker we will be happy to get ALL possible care fee annuity quotes for you absolutely FREE OF CHARGE and without obligation.