Long Term Care costs can prove to be a huge financial burden not only for clients but their families as well. Many people fear that paying for the cost of long term care may be unaffordable or deplete all of their assets. Town & Country Financial Advisers have the knowledge and expertise to help guide you through this process with professionalism and ease to help you achieve the care you wish and ensure we maximise your income.
We can arrange plans that can cover the costs of residential or nursing fees. These policies can be paid for either by a one-off lump sum payment, regular monthly premiums or a mixture of both.
Some of the benefits that these plans can offer are as follows:
Protect your existing assets.
Arrange for your plan provider to make payment of monies direct to the nursing home, reducing administration for you and your family.
Benefits paid out can increase each year in line with inflation or a fixed percentage.
Provide a full counselling/advisory service for the client and family.
Arrange severe disablement care.
The value of investments and the income they produce can fall as well as rise. You may get back less than you invested.