A specialist investment designed to help people who are receiving, or planning to receive, Government-subsidised aged care services. It provides guaranteed monthly income for life, with a lump sum payable to your clients’ nominated beneficiaries or estate upon death.

About Challenger CarePlus

Challenger CarePlus (CarePlus) provides fixed monthly payments for the life of your client, helping manage aged care costs and living expenses. Payments are guaranteed regardless of how long your clients’ live or how investment markets perform – helping to give them peace of mind.

CarePlus can also give your clients more control  and certainty over their estate planning. Upon death, 100% of the amount invested will be paid to your clients’ nominated beneficiary(ies) or to their estate. Residents of South Australia will receive 100% of the amount invested less the amount of stamp duty initially paid by Challenger.

CarePlus is available to those aged 18 years and over who are receiving, or planning to receive, Government-subsidised aged care services. The minimum investment in CarePlus is $10,000 of non-superannuation money.


Important information

Information provided on the Challenger Websites is intended for Australian residents only and may not comply with the laws of other jurisdictions outside Australia. It is of a general nature and does not take into account an investor's individual circumstances, financial situation or needs or particular investment objectives. It is not intended to be investment advice nor a recommendation or statement of opinion about any particular financial product or class of financial products. As a result, it should not be relied upon in acquiring any financial product or service and is provided in good faith and derived from sources believed to be accurate and current at the date of publication. See Conditions of use for more information.