Planning for Long-term Care - UK - September 2017

Planning for Long-term Care - UK - September 2017

“Long-term care is not something most expect to need or will indeed require, making it a difficult thing for plan for. Despite the current lack of products that help people to plan and pay for long-term care, Mintel’s research suggests a reasonable level of support for the idea of insurance policies to help meet these costs. However, more also needs be done around increasing awareness of the issue and encouraging more people to speak to family and professional advisers about their responsibilities and options for funding care.”

– Jessica Galletley, Financial Services Analyst

This Report looks at the following areas:

Taboo around care means people don’t plan for it
Releasing equity in property is key to funding care
Care conversations should become part of a wider financial review

TOC available on request

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