Prudential International has announced the withdrawal of their long term care bond as part of a strategic review.
Our view
We are not supporters of long term care bonds and prefer immediate care plans i.e. when you need care, that is when you take action and not before. The charges and commissions paid are way to high.
Did you know that if you have assets, including your home worth more than £19,500 you may have to pay for all of your care? If you have not got the money - the local authority may take a charge over you home to pay for care.Learn more about care in older age in our dedicated website Care Fees Adviser.com.