British Friendly launches Care Assistance Benefit

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 and paid for maximum of 26 weeks over the life of the policy. At no point is state benefit a...