Legal & General Retail Retirement has released its Lifetime Care Plan to the whole of the market.
The Immediate Needs Annuity is designed to better help clients mitigate the risk of running out of money while in care.
This product launch comes following research that shows just 5% of people in care have sought financial advice and put a plan in place to make their money last.Legal & General’s Lifetime Care Plan pays a lifetime guaranteed payment towards a person’s care, enabling care costs to be capped should someone live longer than expected.Payments made directly to a registered care provider […]
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