"Care Home fees solution"

We had no idea there was a solution out there for Care Home Annuity Insurance and thank goodness there is!

The Eldercare Solutions team were great with explaining our options, being supportive throughout, whoever we were dealing with, along with their website is friendly and easy to follow.

Nicky Cave, Eldercare Solutions, Managing Director, has so much patience with my abundance of questions back and forth was second to none and Nicky knows all too well after being in the situation herself.

It is a mind field with Care Home expenses and you’re never aware of the costs unless you know of another person going through it or until you are in that situation yourself, which is sometimes too late with the financial options that are available to you.

We were lucky there was a Care Home within 15min walk to us that had been re-built from scratch apart the façade, with the layout and facilities well thought out, each room having it’s own en-suite, no carpets in sight, the most luxury Care Home we’d seen, so clean and fresh, the staff so friendly, respectful, caring and supportive. This was the Care Home we wanted for our loved one but is more expensive than the average Care Home.

As a family we discussed the options and felt the best and ONLY solution was to purchase the Care Fees Annuity, which meant my Uncle’s Care Fee’s will be taken care of for the rest of his life in the luxury Care Home he’d settled into after doing a trial period.

This gave us as a family, the reassurance and relief to know my Uncle would not have to leave that Care Home when his money run out, as it never would with the Annuity Insurance. Plus the cost of the Annuity Insurance would also of been spent paying for the Care Home anyway over the next couple of years.

It is a massive expense, like purchasing a mortgage and we were lucky that my Uncle’s estate had just about enough to cover the cost for the Care Home Annuity Insurance. It will be worth every penny as we believe my Uncle will out live the next couple of years with his strong constitution (which you do have to weigh-up) and where he would of run out of money anyway, then would of been forced to move into a Council run Care Home chosen by the Borough.

Like us, at beginning you might find it hard to get your head around the expense of the Care Home Annuity Insurance but the best way to look at it, is it is an investment for the care of your loved one and to remove the stress from your family of always having in the back of your mind that their money will run out. You have to think of it as if you are buying a property for them to be safe and have everything they need (including food and no utility bills to pay) but won’t be able to sell the property at the end, although they will have all the care, support and easier access to medical help they need, that you might struggle to provide.

It is a risk that they could unfortunately pass away before seeing out a chunk of the Annuity but we found the peace of mind as family that we wouldn’t have to find the money ourselves once his own money run out (if we didn’t purchase the Annuity) was priceless. That it is their own money to use to protect and get the best outcome for them, rather then thinking about inheritance. Plus there was no other investment, savings or rental income that came anywhere close to be able to make a dent in the Care Home costs of just over £8,000 per month.

We are so grateful and relieved this Care Home Annuity Insurance exists, along with Eldercare Solutions that delivered this unique service for us.

It is definitely worth getting in contact with Eldercare Solutions, to discuss how and if they can potentially help your family in terms of financial options for Care Home costs for your loved one, they have the experience, knowledge and patience to lead you through this challenging time.

"My enquiry for an annuity for care home…"

My enquiry for an annuity for care home fees was dealt with speedily, satisfactorily and professionally.I received helpful advice and guidance throughout the whole process from Nicky & Tracy in a very friendly & courteous manner. They provided exactly what I asked for. I can’t praise them enough. A knowledgable company you can totally trust
Robert Wilson

"Exemplary support, service and advice from Eldercare."

I thoroughly recommend Eldercare. Everyone I dealt with was friendly and professional and our adviser was extremely thorough, patient and helpful in exploring all options and sourcing exactly what we needed.

"I cannot recommend Eldercare highly…"

I cannot recommend Eldercare highly enough. We needed a care annuity for our mum and they were very helpful in obtaining this following completion of a relatively straightforward application form. This saved us a lot of time in contacting the insurance companies directly ourselves. Eldercare are very professional and experienced in this field, they did all of the work I didn't have the time or knowledge to do. Everything was done without delay and communication was excellent.

"I cannot thank this company enough"

I cannot thank this company enough. It's taken nearly a year to sell my mothers flat to get the funding to buy a care home annuity. I have been in contact with them in all that time, and they have been patient and informative. I was provided with a report that detailed all my options, and they have tweaked the details of the annuity to suit my requests. They were never too busy to answer questions or discuss issues when I needed. Thanks to Tracy, Nicky and Roger.

"Outstanding Service from Eldercare"

The service provided by Eldercare was outstanding. Whether dealing with Tracy, Nicky or Roger everyone is extremely knowledgeable and professional. At the outset I received some very comprehensive, objective and useful information and advice about care funding options for my relation. I decided to pursue the Care Annuity option and Eldercare helped me through the process the whole way through to completion. Not only has the annuity provided peace of mind but also certainty....it has enabled us to preserve other savings without having to worry about the unknown extent to which they would evaporate over time. The people at Eldercare are also very friendly and efficient - essentially experts in this particular field. I wouldn't hesitate to recommend them to any friends or relations should the need arise.

"Eldercare made it easy."

Eldercare were clear, very helpful and completely on the ball. Any requests for action or information were dealt with very quickly and the whole experience was really very easy thanks to their professionalism.
I have no hesitation in echoing the favourable comments made by others and in recommending them to prospective clients looking for a care fees annuity.

"A totally refreshing approach to…"

A totally refreshing approach to funding later life care for my mother. I found the whole experience very smooth and clearly explained. I had no idea health care annuities existed and eldercare have been excellent in helping me choose a provider and get the quotes as well. In addition the help and advice provided via their website is invaluable. I would have no hesitation in recommending this company to others.

"A great service for a valuable product"

A great service for a valuable product that has provided security for my father’s care and peace of mind for us over the costs.

"Excellent Service from start to finish"

Just to say a big thank you to Roger, Nicky and Tracy who made the whole process very easy. From the original enquiry through talking through the various options and then setting up the annuity for my mother. We now have peace of mind that her care fees will be covered for the rest of her life. Thanks again