Long Term Care

May be you have a relative who is already in long term care and want some advice on how to best use their assets to provide a monthly income to cover care costs. Perhaps your are concerned about your own future and ensuring you can meet your own potential long term care needs without having to worry if your savings run out. There are many policies on the market today that provide solutions to these sorts of problems and often provide care support services for advice and support. Why is long term care planning so important?

• In 2001 the average cost of care ranged from £300 per week to over £500 per week.
• in 3 women and 1 in 5 men will need long term nursing care at sometime in their lives.
• It is estimated that 70,000 homes are sold each year to meet the cost of long-term care.
• Anyone with over £19,000 of assets may have to pay for their own care.
• It is estimated that as many as six million adults in the UK are looking after elderly relatives which can mean a significant financial burden.

For More information and a full financial review please click on the enquiry button below. The Financial Services Authority do not regulate all forms of Long Term Care.

Telephone: 01704 567 400

Fax: 01704 562 735

E-Mail: info@potterandminnis.co.uk