National Friendly introduces "Assisted Living Insurance" product

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 and telephone  advice to policyholders or a second contact on the policy. When setting ...