Good news at last for people buying long term care policies and investments. Currently, long term care insurance is not regulated meaning people taking out the insurance cannot be sure of the standard of policy they are buying.
From the end of 2002 the Association of British Insurers will force all member companies (most insurance companies that offer policies in the UK) to comply with their Long Term Care Code of Practice. By adhering to the Code of Practice, potential buyers can be confident that they receive the same high standards as if they were buying regulated investment policies.
For more on Long Term Care visit Care Fees Adviser.com.