National Friendly introduces "Assisted Living Insurance" product
National Friendly has today launched 'Assisted Living Insurance', specifically aimed at supporting older people to extend independent living in their own home in later life.
The policy provides funding that can be used for domiciliary care services, assistive devices and respite care. The policy also provides a care advice benefit. Policyholders can choose between two initial levels of cover - £20,000 or £30,000, which increase by 2% each year to help offset the effects of inflation. The policy provides funding for assisted living, including care services, equipment, modifications to the home to fit or accommodate equipment, short time respite care for unpaid carers...
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