What is a Lifetime Care Plan?

In exchange for a one-off payment, our Lifetime Care Plan provides a guaranteed monthly payment to help pay your care fees for the rest of your life.

If you're aged 60 and over and required to part fund or fully fund your own long-term care, you may be considering purchasing a Lifetime Care Plan.


What options are there?

  • Escalation
    You can choose either a fixed payment that does not change throughout the duration of the plan, or a payment that increases each year.
  • Death benefits
    We automatically include a death benefit which pays a percentage of your original premium, less any payments we've already made, to your estate if you die within the first 6 months of the plan. You can also add an additional death benefit which protects a percentage of your initial one-off payment. Depending on when you die and the options you choose, you may get back less than you paid for the plan.


Looking to take out a Lifetime Care Plan?

We’re unable to sell a Lifetime Care Plan directly to you. If you feel a Lifetime Care Plan may be suitable, you’ll need to contact a financial adviser who can help you understand your care funding options. A financial adviser will also be able to help you if you’re a legal representative of the person who requires care.

A Lifetime Care Plan may affect your ability to claim for means-tested state benefits.

If your financial adviser believes a Lifetime Care Plan is suitable for you, they’ll help you shop around for the best price, and help you through the process of setting one up. You can find a financial adviser by visiting Unbiased.

Visit Unbiased

If you have questions around care funding and don’t know where to start, you can contact MoneyHelper, an impartial guidance service that’s backed by the government.

Visit MoneyHelper


Care Costs Calculator

If you are unsure where to start and want to better understand the potential cost of care and any support you may be entitled to, you may wish to complete our Care Costs Calculator

Calculate my care costs