Old people
65 +
What products can they buy to help cover their need to AVOID keep going to NHS on regular basis ?
IP - only if they are working. If they are not working cannot use this
CI - covers chronic illnesses. Might be expensive as they get older ?
Pre-funded LTCI - usually not sold in UK
Immediate needs LTCI - can buy this with single premium. Can you buy this product and use it even if you can perform all ADLs and are not mentally impaired ?
PMI - to cover acute conditions and covers indemnity basis
Would PMI + CI or PMI + pre-funded LTCI or PMI + immediate needs LTCI provide adequate provision to avoid having to use NHS on a regular basis and to decrease the burden on NHS ?
This is assuming policyholders 65+ can afford it ?
Can over 65+ buy IP, CI, LTCI, PMI ?
Thanks very much
Last edited by a moderator: Jul 20, 2015