Long Term Care

Life expectancy has increased as a result of both improved living conditions and huge advances in modern medicine therefore our expectations for a better quality of life in later years are higher than ever.

In the next 20 years the number of people over 85 will double and over 100 will quadruple. One third of men and half of all women over the age of 65 will need long term care at some point as they age.*

Long term care provision should provide security in old age. Its purpose is to protect the policyholder against the risk of being unable to live independently without assistance as a result of a deterioration of mental or physical health- to make their own choice as to timing, location and type of care received. It can also potentially safeguard property and other assets which might otherwise be sold to meet care needs.

Planning for the future can substantially improve quality of life whilst protecting your assets for those you will leave behind.


*Source: ifs School of Finance long term care insurance 2008