PPP Lifetime Care bond

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By Rachel Williams PPP lifetime care is launching a long term care policy that will aim to help clie...

By Rachel Williams PPP lifetime care is launching a long term care policy that will aim to help clients protect their assets from care costs. The single premium product, called the Lifetime Care Asset Protection Bond, aims to ensure that clients will not need to use any further assets or savings should they need long term care. The plan also includes a death benefit. Michael Whittaker, long term care product development manager at PPP lifetime care, said: "The investment aims to be repaid when the investor dies, so it can be passed on to their family free of inheritance tax and the IHT ...

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