Care-fees plans

The need

Care-Fees Plans (also known as Immediate Needs Annuities) provide financial certainty for those who are entering long-term care. It’s a time when financial advisers need to obtain quotes quickly and efficiently – while, to provide quotations, insurers need current, valid, medical information.

The service

MorganAsh provides a secure portal and medical data-gathering service, to obtain all relevant information in a timely manner, and to reduce the administration for advisers.

Features

• Free to advisers
• Common process across 3 providers reduces administration
• New digital portal replaces ageing paper process
• Tele-interview with care providers improves quality of data
• Real-time tracking keeps advisers informed of progress

Benefits

• Improved security for all participants
• Reduced administration burden for financial advisers
• Less hassle for care providers
• Improved quality and speed of obtaining medical data for insurance underwriters
• Digital platform for further improvements