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The ifs School of Finance has confirmed that it will soon be offering a new certificate-level qualification in long term care insurance, with the module titled CeLTCI.

Mark Roberts, head of financial regulation at the ifs School of Finance said: "This new comprehensive certificate will enable practitioners to give knowledgeable advice on what is becoming an increasingly important area of advice. As more advisers move into this area and consider the implications in conjunction with issues such as equity release, we have seen demand for such a qualification rise."

The module will consider the background to long-term care provision in the UK, the different types of long-term care available and how current legislation affects the provision of advice on long-term care insurance.

CeLTCI will also involve learning about the responsibilities of both local and health authorities in relation to long-term care, including ensuring that candidates have a thorough knowledge of how local authorities make financial and needs assessments for those requiring long-term care.

Mr Roberts added: "Long-term care insurance can be a complex area, with considerable tax and legal considerations to take into account as well as the more obvious elements such as determining eligibility to claim under a long-term care insurance contract. Ultimately the objective is to ensure that advisers can confidently and accurately identify consumers' needs and demands and recommend suitable and affordable long-term care solutions."

The qualification will take between 40 and 60 hours to complete and cost £135. Registration for CeLTCI opens in November.