PAFS Health Insurance

This company does not sell to the general public but through advisors.

Founded in 1995 to provide Financial Service products to people with non-standard requirements. This company specialises in providing high quality and unique products supported by a personal service.

Its product range consists of; Enhanced Pension Annuities and long term care as well as Equity Release and Term and Whole Life Assurance.

PAFS Product Portfolio

Long Term Care

Immediate Needs Annuity - Pays an enhanced tax free income directly to a Care Provider for as long as the policy holder is alive and can also be capital protected if require.

Deferred Needs Annuity - Allows the self-funder to decide the period for which they are able to fund the fees themselves. PAFS will then arrange to pay the fees at the end of the deferred period for as long as they remain due.

Flexible Care Account - Aimed at clients aged 50 – 75 this is a pre-funded care policy.

Retirement Products

Compulsory Purchase Annuity - A Compulsory Purchase Annuity provides a regular income in exchange for a single payment of capital.

Purchases Life Annuit - Provides a regular income in exchange for a single payment of capital. Funds for a PLA come from private funds.

Life Products - Level & Decreasing Term Assurance; Family Income Benefit; Set annual income for a specified duration in the event of death.

Whole of Life - Ensures that the client's children have funds to be able to pay Inheritance Tax on the estate.