Long-Term Care Insurance provides a planned way to paying for, or making a contribution to, the cost of any long-term care that may be needed in the future. Through a lump-sum in advance, or regular premiums, insurance can be purchased to cover the cost of residential or domiciliary care.
Long-Term Care Insurance is becoming an increasingly important area of advice as a result of changing demographics and consumer needs such as rising life expectancy, individuals spending longer in retirement and diminishing pension returns.
It is now a regulatory requirement that any adviser wishing to provide advice in this area must first hold an appropriate qualification. CeLTCI® serves this requirement and has been designed to develop your knowledge, understanding and application of the different types of long-term care insurance.
CeLTCI® is suitable for both experienced and newly–qualified advisers and provides an opportunity for you to expand your advice-giving portfolio.
Benefits
Please refer to the easy reference guide.
CeFA® or an equivalent qualification will need to be completed, as well as the Long-Term Care Insurance module, to be awarded CeLTCI®.
Level 3
Depending on your approach to learning, between 40 - 60 hours per module.
A comprehensive learning manual is provided with your initial registration.
Additional study materials designed to complement the learning manual can be purchased in the form of:
Please note that in order to reflect any changes to syllabuses, including matters arising from the Annual Budget, study materials are updated annually. Updates are usually available in July and come into effect in all examinations from 1 September of that year. It is your responsibility to ensure you are studying from the most up-to-date materials. Full details will be given in your registration confirmation letter.
The module is assessed by a two-hour multiple choice examination across the two units. The first unit consists of 50 multiple-choice questions. The second unit consists of three case studies each containing ten multiple-choice questions. This is delivered electronically with results given immediately.
| Pass | 70% |
|---|---|
| Merit | 80% |
| Distinction | 90% |
Students who do not meet the pass mark of 70% will need to re-sit the module.
Upon successful completion of this qualification you can use the letters CeLTCI after your name.
The Certificate in Regulated Equity Release (CeRER) and the Diploma for Financial Advisers (DipFA) are subject areas that are closely linked to CeLTCI® and act as a natural next step for those seeking to broaden their areas of regulated advice for clients.
Distance learning - materials are sent to you and you study at your own pace. When you're ready, you book the exam.
Online - Complete the online registration and payment form.
By post/fax - download and complete the application form. To view this file you need to have Acrobat Reader installed on your computer. This is free and available from the Adobe website. When you have completed the form either send it to the address given on the form or fax it to +44 (0) 1227 784331.
By phone - call Customer and Student Enquiries on +44 (0) 1227 818609. Please have your VISA/MasterCard/Debit card handy when you call.
Call Customer and Student Enquiries on +44 (0) 1227 818609 or email customerservices@ifslearning.ac.uk.
