Long term care

According to a major study by the CASS Business School the demand for formal home care will rise by 60% by 2040. Increasing longevity, and the changing structure of the traditional family, also implies that increasing numbers of the elderly will spend their last days in a residential care home. This means that the option of long term care insurance, and the need to ensure that you have a guaranteed income for the rest of your life, is not something that can be ignored.