Age Concern's LTC products

Age Concern is launching two long-term care products developed with Age Concern Financial Partnerships (ACFP) and CGU. The move comes with CGU's revamp of its own LTC range, replacing its Wellbeing and Continuing Care plans with a pre-funded and an immediate needs product. The Age Concern plans, to be based on the new CGU products, are called Future Care and Immediate Care. They will be distributed via IFAs. Sandy Johnstone, LTC strategy manager at CGU, said that along with an increase in annual maximum benefit and the removal of all policy fees, rates have also been reviewed. He said: "T...