Impaired Life Property Plan - IFA

Impaired Life conditions covered
What's different about the Impaired Life Property Plan?
So how much is available?
Retirement Plus offers you choice
Ask for an illustration

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We offer our Impaired Life Property Plan options to homeowners aged 65 and over, suffering from any of the following conditions:

Heart Disease (excluding raised blood pressure)
Diabetes that requires insulin treatment
Stroke or paralysis
Longstanding breathing problems (excluding asthma)
Circulatory disease
Liver disease that requires long-term treatment
Longstanding obesity
Hepatitis C or HIV infection

The variations available to choose from are: the Impaired Life Property Plan and the Higher Release Impaired Life Property Plan – both of which are additions to our standard Property Plans.

So what’s different about the Impaired Life Property Plan options?

As life expectancy is reduced, we may be able to offer significantly more cash, even with our protected share option
Release large amounts of cash in exchange for an 0.05% loading per month over our standard equity transfer rate – this means our share increases faster
A Medical Underwriting Fee of £200 is payable to cover the costs of medical underwriting – there is no cost to obtain a quote. If there are two applicants who require medical reports – each applicant is required to pay the £200 fee

So how much is available?
Here are just two examples that will give you a good idea of the vastly different sums available – depending on which choice fits your client best.

Harry
Harry is 71 and owns a property worth £200,000. Harry had a stroke two years ago. He has diabetes treated with insulin and a significant heart disease. He wants to raise the maximum amount available.

Jenny and John
Jenny aged 71 and John aged 73 own a property worth £300,000. John is healthy but Jenny has diabetes, raised blood pressure and is overweight. She also has a history of angina. They want to retain 50% of their property as a protected share.

Retirement Plus offers you choice
The Property Plan options are also available, so it is worth obtaining a quote on all our products to decide which is most suitable based on specific circumstances and needs.

Under the Impaired Life options the Retirement Plus share increases at a faster rate, but more cash is available at the outset
Under the Property Plan options less cash is available at the outset, but the Retirement Plus share increases at a lower rate

Ask for an illustration
You'll need to complete the Illustration Request and fax or email this to our Broker Contact Centre - you don't need to obtain your client's signature, and there's no charge. Alternatively, call us and we will take the information over the telephone.

Retirement Plus Ltd
Prince Frederick House
37 Maddox Street
London
W1S 2PP

Broker Contact Centre 0845 850 8510
Open Monday to Friday 9am to 5pm