ABI survey suggests a third of the country thinks long-term care is free
Fewer than one in ten of the population would consult a financial adviser if they learned that they had to pay for long-term care, according to research published this week.
The Association of British Insurers' (ABI) quarterly consumer survey found that just 8% of people would ask an adviser for advice on ways to fund their care.
The YouGov survey of 2,500 adults also found that around a third (34%) of British people think that long-term care is free, "like the NHS".
The research also found that 84% of respondents are either unaware or not sure what help they are entitled to for paying care costs.
According to the survey, individuals would generally approach their GP (34% of respondents) or a citizen’s advice bureau/old person’s charity (24% of respondents) for information on care.