If you need annuities to pay for nursing home fees then annuitysupermarket.com can help you. We have long term care experts that find the best annuity. There are two types of annuity that you can purchase, one with your pension fund and the other with your own money.
Nursing home annuity rates
It is a very stressful time when you need to purchase annuities to fund nursing home fees for a loved one. You need to ensure that you make the right choices. Getting it wrong or making the wrong choices can cost thousands of pounds in lost income. This is where you need a specialist independent financial adviser that is authorised and understands long term care and nursing home annuities.
Long term care annuities – immediate care annuity
The street name for long term care annuities is immediate care annuity, these annuities are purchased from your own funds, such as investments or perhaps from the sale of a property. If set up correctly by a financial adviser these immediate care annuities can be very tax efficient.
Get financial advice when purchasing annuities for nursing home fees or long term care
Always seek professional and independent advice when considering purchasing annuities for nursing home fees or long term care annuities. Firstly an adviser will search the entire market to find the best immediate care annuity rates and secondly he/she will make sure that they are set up in the most tax efficient manner.
The nursing home or long term care annuities are purchased life annuities.
Where can you get advice on immediate care annuities?