British Friendly has launched Care Assistance Benefit for members whose partner or child requires full time care.
The income protection provider will pay a flat amount of £125 a week in Care Assistance Benefit when the partner or child (up to age 18) of a member needs full-time care of 35 hours or more a week for a continuous period of four weeks. It is a discretionary benefit for both new and existing members and is the second inclusive benefit British Friendly has launched this year following the addition of a six-month Death Benefit in March 2016. When a claim is paid, it will be backdated to Day 1...
65% of first £60,000
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A fixed pay-out of £2,500