23/24 Mock Questions Flashcards
What are the two forms of long term care insurance products?
A. Guaranteed and reviewable contracts.
B. Investment-linked and protection plans.
C. Pre-funded and immediate care plans.
D. Single premium and regular premium contracts
C. Pre-funded and immediate care plans.
Which type of products does the FCA regulate?
A. None.
B. Protection policies only.
C. Protection policies and annuities only.
D. Protection policies, annuities and mortgages, including lifetime mortgages.
D. Protection policies, annuities and mortgages, including lifetime mortgages.
If a local authority charges for respite care, what aspect of this care is usually free of charge?
Any nursing care provided is normally free of charge
What did the Coughlan case clarify the health authority’s responsibility to…
A. check back over several years to see whether a patient has disposed of her assets.
B. disregard the main residence when a dependant relative is still living in it.
C. establish guidelines on charging for use in different regions.
D. provide for a patient’s healthcare when it has been identified as a primary need.
D. provide for a patient’s healthcare when it has been identified as a primary need.
Jeremy is assessed as having a need for accommodation and personal care, although his primary
need is for health care. Who takes responsibility and provides the funding for this care?
A. Jeremy.
B. The local authority.
C. Jeremy’s immediate family.
D. NHS England.
D. NHS England.
How does the Department of Health arrange for a new long term care initiative to be implemented
in a local area?
In conjunction with the local Clinical Commissioning Group
When considering an individual with a high dependency level, what is likely to be the local
authority’s main concern in assessing whether care should be provided on a domiciliary or
residential basis?
The long term cost of delivering the care
Who is responsible for palliative care?
NHS
Who is responsible for assessing the financial assistance required for a patient to be discharged from hospital to a residential home?
A local authority financial assessment officer
Which body will ultimately make decisions on financial or welfare matters for people who lack
capacity and are otherwise NOT able to look after their own affairs?
The Court of Protection
When may an attorney (Enduring POA) be able to make gifts once the donors mental capacity has been lost?
Only with the court of protections approval
Why must a jointly-owned family home be owned as tenants in common when passing on a share
of it through a will on first death?
A. Assets owned through joint tenancy do not form part of the distributable estate on first death
for a married couple.
B. Assets owned through tenants in common do not form part of the distributable estate unless
specifically mentioned in the will.
C. It ensures that the surviving owner inherits the whole property.
D. It prevents the surviving owner from challenging the will.
A. Assets owned through joint tenancy do not form part of the distributable estate on first death
for a married couple.
What is the most tax efficient way for benefits of a long term care policy to be paid?
By being paid directly to the care home
How may a loved one with a POA set up a valid will for the donor?
By applying to the court of protection
What is the most appropriate long-term care product for someone who needs care straight away
An immediate needs annuity
