Health insurer BUPA is to stop selling long-term care insurance due to lack of demand.
The company joins PP Lifetime, Scottish Widows and Norwich Union in withdrawing from the market, leaving Skandia as the only provider, said a report.
Long-term care insurance, also known as a pre-funded care plan, is used to meet the cost of nursing care. Immediate needs annuities bought after the need for long-term care is discovered, are still available.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
