Challenger CarePlus (CarePlus) is designed for people who have been assessed as being eligible to receive Government-subsidised aged care services (including both residential and home care).
You can purchase a CarePlus if you are over 18 years of age and:
- have Aged Care Assessment Team (ACAT) approval that specifies you as being eligible to receive Government-subsidised aged care services (including home care), or
- live in an approved residential care facility.
CarePlus provides regular payments for life, regardless of how long you live or how investment markets perform, whilst allowing you to leave a bequest to your family when you pass away.
For more information, speak to your financial adviser, order or download a product disclosure statement or call our Investor Services team on 13 35 66.