Mock Paper 2 Flashcards
- The maximum compensation in respect of a claim to the Financial Services Compensation Scheme about a long-term insurance contract is?
B. 100% of the claim with no upper limit
- Which of the following is classified as a pre-funded care plan?
A. Long term care bond
- Which body deals with complaints against the NHS which CANNOT be resolved at a local level?
B. Parliamentary and Health Service Ombudsman
- Which Scottish body has roles and responsibilities broadly similar to those of the Care Quality Commission in England
C. The Care Inspectorate
- The provision of domiciliary long-term care is normally the responsibility of:
A. The Local Authority
- Which of the following types of care is funded solely by the State?
C. Hospital care
- What is the current standard rate of NHS funded nursing care for residents in care homes in England?
D. £187.60 per week
- Maureen’s primary need is for continuous health care. Who is responsible for providing this?
B. The National Health Service
- What is an example of medical care provided by or funded by the NHS where an individual demonstrates a “primary health need”?
A. Palliative care
- Local authority circulars contain guidance on care and other issues to councils and local authorities. They are issued by the:
B. Department of Health and Social Care
- Which body is responsible for payment of the Registered Nursing Care Contribution in Scotland?
A. The Scottish Executive
- Wendy is aged 56 and has substantial savings and pension income. She has her care costs met in full; this is likely to be because?
Her primary need has been identified as continuous healthcare
- Which body is responsible for health issues in Northern Ireland?
A. Department of Health, Social Services and Public Safety
- Which Act gives local authorities a responsibility to prevent or reduce the need for care and support?
B. Care Act 2014
- Who can be appointed under the Adults with Incapacity (Scotland) Act 2000 to manage an individual’s property or financial affairs?
C. Continuing Attorney
- What is the current weekly level of the personal expense allowance in England that individuals needing care are allowed to keep for items such as newspapers and toiletries?
B. £24.90
- What is the current level of the means-test capital threshold in England for Local Authority funding of residential care costs below which the Local Authority may fund the full cost of care?
A. £14,250
- If a local authority regards unpaid care costs as a debt and looks to recover them through the courts, what is the maximum debt recovery period?
Six years
- What accounts for by far the largest proportion of care of older people in the UK?
Unpaid Care
- Roberta has been assessed as needing residential care and has a portfolio of unit trusts valued at £250,000 - how could this be used to fund her care needs?
D. Both the dividends and the capital could be used
- What feature of a Personal Pension plan might an individual needing long-term care before age 55 be able to benefit from?
C. Early retirement due to ill health at any age
- Which of the following features is usually covered in a health cash plan?
D. Professional care benefit
- A Deputy was appointed by the Court of Protection to oversee David’s affairs after he had a serious motorbike accident - he has now recovered his mental capacity sufficiently to be able to manage his own affairs - what can he do?
A. Apply to the Court for a recovery order so he can manage his own affairs again
24C Whose role is it to maintain a register of lasting powers of attorney?
BC The Office of the Public Guardian
What type of decisions can be made under a financial decisions LPA?
Decisions on where money should be invested
- In relation to the General Data Protection Regulation (GDPR), whose role is it to say how and why personal data is processed?
C. The data controller
- Nan has been appointed as a deputy following her mother Pauline’s loss of mental capacity. What does this mean Pauline has neglected to do?
C. Completed an Enduring or Lasting Powers of Attorney
- What is the role of an Independent Mental Capacity Advocate (IMCA)?
B. To provide an extra safeguard for particularly vulnerable people in specific situations who have no-one else to consult other than paid carers
- What is the tax position regarding premiums paid for a prefunded Long-Term Care Insurance Plan for an individual?
C. No tax relief, payable out of net income of the individual
- Immediate need annuities are usually sold as a variation of?
D. Impaired life annuities
- What is the advantage from an income tax point of view of a pre-funded long-term care insurance policy?
A. Benefits can be paid free of tax to either policyholder or care provider
- Arthur, an additional rate taxpayer, has purchased an immediate needs care plan to part-fund his domiciliary care costs. He has arranged for the benefits to be paid directly to him as he uses a number of care providers. How will the benefits be taxed?
They will partially be liable to an extra 25% tax
- Who has the authority to execute a statutory will for a person lacking mental capacity?
C. The Court of Protection
- Which of the following is a requirement for a deed of variation to be effective for Inheritance Tax purposes?
Must be signed by all those who would otherwise have benefitted
- How does the role of a Deputy differ from that of an Attorney under a Lasting Powers of Attorney (LPA)?
A. A Deputy is appointed by the Court of Protection whereas an Attorney under an LPA is appointed by the donor
- Vanessa has never been married and made a will 20 years ago leaving all her property to the local cat’s home, a registered charity. She has recently lost mental capacity and a Deputy has been appointed to look after her affairs. How does this affect her existing will?
B. It will continue to be valid
- Joanna dies without having made a will leaving a husband and two adult children. Her assets comprise a property owned jointly with her husband as joint tenants valued at£500,000, and a building society account held jointly with her husband holding
£100,000. How will her estate be distributed?
B. All assets pass to her husband by survivorship
- The three major requirements for a will to be valid are?
A. Writing, signature, attestation
- Failure of how many Activities of Daily Living (ADLs) is normally required for a successful claim under an L TCI plan for full residential nursing care?
B. Three to four
- Under section 14 of the Care Act 2014, minor adaptations costing less than how much must be provided free of charge in England?
£1,000
- In Northern Ireland, the maximum amount for a mandatory disabled facilities grant is?
B. £25,000
- Which of the following should be disregarded by a Local Authority when assessing an individual’s capital and income?
A. The fund value of a pension fund for someone under 55
- Which of the following people would be entitled to free personal care in Scotland?
A. Arlene, age 64, assessed as needing care in a care home
B. Gerald, age 67, who is Scottish but currently resides in Wales
C. Ethel, age 65, whose daughter pops in to help her clean up once a week
D. George, 68, who needs round-the-clock care in a nursing home
D - answer
- Which of the following is an eligibility condition for the Disability Living Allowance?
B. Be expected to remain disabled for a period of six months
- Which of the following people should be able to claim carer’s allowance?
D. Fred, aged 80, who receives State Pension of £137.60 per week, and is the fulltime carer of his wife Doris who he lives with in the family home
- What is the essential difference between a Lifetime Mortgage and a Home Reversion Plan?
C. A Lifetime mortgage is a loan secured against a property; a Home Reversion Plan is not a loan but involves the sale of the property;
- What test is often used to assess a claim under a Long-Term Care Insurance plan based on cognitive impairment?
A. Mini Mental State Examination
- What is a major difference between a pre-funded risk based Long Term Care insurance (LTCI) contract and a long-term life assurance protection contract?
C. Under an L TCI contract the benefit is payable when the individual satisfies the provider’s claim requirements rather than on death
- Which of the following pre-existing conditions are likely to make an insurance company decline a proposal for pre-funded long-term care insurance?
D. Alzheimer’s disease
- Which of the following is an example of an external factor that might necessitate a client review?
C. A change in the tax treatment of a client’s existing long-term care policy
