The Home Protection Plan

The Home Protection Plan is suitable for:

• Usually those from the mid 60s upwards
• Both single people and couples.The plan is usually even stronger if entered into while both of a married couple are still alive
• Those for whom care fees are a more significant issue than inheritance tax
• Those whose property is worth no more than the available nil rate bands - currently (09/10) £325 000 for single people and £650 000 for married couples
• Those in reasonable health
• Those for whom entry into care is not in contemplation or on the horizon but is only a distant possibility, the usual possibility at the back of everyone's mind

The Home Protection Plan is not suitable for:

• Those under 60-65 (usually)
• Those who may require access to the capital value reflected in their home
• Those for whom care IS a foreseeable possibility
• Those with pensions or incomes which will in any event cover the costs of care and therefore sheltering the home has no benefit,though bear in mind the potential rises in cost of care  

Contact Handsoffmyhome to arrange an appointment with one of our advisors to assess your eligibility.