Pre-funded care plans are no longer sold by insurers, but you may have an existing policy which offers:
- payment for care within your own home or a residential care home
- the option to buy at any age. Some insurers imposed a minimum age, but there is no official age limit
- the option of a death benefit payment, if you die early without needing care (this option is only available on some policies)
- the option of payment directly to a care home, to your family, or to you as the policyholder