Deferred Care Fees Insurance
Deferred Care Cover - Long Term Care Insurance Cover is used to plan if care is needed now.
This is a relatively new side to long term care fees insurance and works to effectively 'cap' a person's liability to pay for care fees. If you are already paying for your own care fees but do not want to pay for them indefinitely, this type of deferred care fees insurance plan pays out at an agreed date in the future.
This type of deferred care fees insurance plan can be paid for annually or with a single lump sum investment.
Annual premiums are usually paid for until the end of the deferred period i.e. until benefits start to be paid.
Request expert advice about deferred care fees insurance today and about protecting your wealth and planning for care.