Mock Paper 2 Flashcards
1
Q
- The maximum compensation in respect of a claim to the Financial Services Compensation Scheme about a long-term insurance contract is?
A
B. 100% of the claim with no upper limit
2
Q
- Which of the following is classified as a pre-funded care plan?
A
A. Long term care bond
3
Q
- Which body deals with complaints against the NHS which CANNOT be resolved at a local level?
A
B. Parliamentary and Health Service Ombudsman
4
Q
- Which Scottish body has roles and responsibilities broadly similar to those of the Care Quality Commission in England
A
C. The Care Inspectorate
5
Q
- The provision of domiciliary long-term care is normally the responsibility of:
A
A. The Local Authority
6
Q
- Which of the following types of care is funded solely by the State?
A
C. Hospital care
7
Q
- What is the current standard rate of NHS funded nursing care for residents in care homes in England?
A
D. £187.60 per week
8
Q
- Maureen’s primary need is for continuous health care. Who is responsible for providing this?
A
B. The National Health Service
9
Q
- What is an example of medical care provided by or funded by the NHS where an individual demonstrates a “primary health need”?
A
A. Palliative care
10
Q
- Local authority circulars contain guidance on care and other issues to councils and local authorities. They are issued by the:
A
B. Department of Health and Social Care
11
Q
- Which body is responsible for payment of the Registered Nursing Care Contribution in Scotland?
A
A. The Scottish Executive
12
Q
- 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?
A
Her primary need has been identified as continuous healthcare
13
Q
- Which body is responsible for health issues in Northern Ireland?
A
A. Department of Health, Social Services and Public Safety
14
Q
- Which Act gives local authorities a responsibility to prevent or reduce the need for care and support?
A
B. Care Act 2014
15
Q
- Who can be appointed under the Adults with Incapacity (Scotland) Act 2000 to manage an individual’s property or financial affairs?
A
C. Continuing Attorney
16
Q
- 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?
A
B. £24.90
17
Q
- 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
A. £14,250
18
Q
- 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?
A
Six years
19
Q
- What accounts for by far the largest proportion of care of older people in the UK?
A
Unpaid Care
20
Q
- 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?
A
D. Both the dividends and the capital could be used
21
Q
- What feature of a Personal Pension plan might an individual needing long-term care before age 55 be able to benefit from?
A
C. Early retirement due to ill health at any age
22
Q
- Which of the following features is usually covered in a health cash plan?
A
D. Professional care benefit
23
Q
- 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
A. Apply to the Court for a recovery order so he can manage his own affairs again
24
Q
24C Whose role is it to maintain a register of lasting powers of attorney?
A
BC The Office of the Public Guardian
25
What type of decisions can be made under a financial decisions LPA?
Decisions on where money should be invested
26
26. 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
27
27. 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
28
28. 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
29
29. 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
30
30. Immediate need annuities are usually sold as a variation of?
D. Impaired life annuities
31
31. 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
32
32. 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
33
33. Who has the authority to execute a statutory will for a person lacking mental capacity?
C. The Court of Protection
34
34. 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
35
35. 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
36
36. 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
37
37. 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
38
38. The three major requirements for a will to be valid are?
A. Writing, signature, attestation
39
39. 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
40
40. 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
41
41. In Northern Ireland, the maximum amount for a mandatory disabled facilities grant is?
B. £25,000
42
42. 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
43
43. 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
44
44. 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
45
45. 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
46
46. 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;
47
47. 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
48
48. 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
49
49. 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
50
50. 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
