Do I request quotes to cover the full cost of care or a smaller amount?
No unless you want to. Pensions and Sate Benefits like Attendance Allowance or Disability Living Allowance once received will continue if you need to pay for your own care. Therefore to reduce the premium and to minimise any loss in the event of early death, we would only normally suggest an immediate needs annuity is done for the shortfall – the difference between cost of care and ongoing income.
To help you easily calculate how much to ask for visit our useful Shortfall Calculator.
Should you still prefer to cover the full cost, we would be happy to obtain quotes on both basis for you – free of charge and without obligation , simply complete our online quote request form.