What financial benefit is Brenda likely to receive by self-funding her own care fees?

Prepare for the CII Certificate in Insurance - Financial Protection (R05) Exam. Use engaging flashcards and multiple-choice questions with detailed explanations and hints. Ace your exam now!

Brenda is likely to receive the Attendance Allowance as a financial benefit for self-funding her own care fees. Attendance Allowance is a government benefit designed for individuals over the age of 65 who require help with personal care due to a physical or mental disability. This allowance is intended to assist with the costs associated with care needs, and by self-funding her care, Brenda can use this allowance to help cover some of the expenses she incurs for her care.

In the context of the other options, health insurance premiums are payments made for insurance coverage, which do not provide direct financial support for care fees. Long-term care insurance payouts would only apply if Brenda had a specific policy that activated under her circumstances, but it does not pertain to self-funding as described in the question. A lump sum from the government typically refers to specific grants or financial assistance that are not standard benefits in most care scenarios. Therefore, the most relevant and likely financial benefit for Brenda in the context of self-funding care is the Attendance Allowance.

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