{"id":875,"date":"2015-03-13T17:35:18","date_gmt":"2015-03-13T17:35:18","guid":{"rendered":"http:\/\/cliffordosborne.agentgorringe.uk\/?page_id=875"},"modified":"2023-03-30T14:31:34","modified_gmt":"2023-03-30T13:31:34","slug":"deferred-care-fees-plan","status":"publish","type":"page","link":"https:\/\/cliffordosborne.co.uk\/deferred-care-fees-plan\/","title":{"rendered":"Deferred Care Fees Plan"},"content":{"rendered":"

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Deferred Care Fees Plan<\/h1><\/h1><\/div>
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A Deferred Care Plan is a long term insurance product which will pay a regular, tax-free income to your registered care provider from a selected date in the future. The amount you will receive is agreed at outset and once payment has begun, will continue for the rest of your life, regardless of how long that is.<\/p>\n

You can choose how long you want to defer receiving the income for \u2013 anything from 1 year to 5 years. The longer the deferment period, the lower the cost of the Care Plan.<\/p>\n

If, once the payments have started, you leave care at any point the income will be paid directly to you. In this situation the income would lose its tax-free status. However, it can be converted back to being tax-free should you return to the care of a registered provider again at a later date. To arrange a free initial discussion at your home, workplace or our offices contact us today.<\/p>\n

A Known Income to Help Cover The cost of Care In The Future<\/h2>\n

A Deferred Care Plan could be suitable for you if:<\/p>\n