A home that is right for you and your family makes all the difference. Contact us to see why Gallipoli Home is right for you!

02 9136 3000

mail_outlineconnect@gallipolihome.org.au

    Residential CareHome Care

    11 Gelibolu Parade
    Auburn NSW 2144, Australia

    Secure Your Loved One's Future: The RAD Model

    Interest-Free Aged Care Solutions, Empowering Peace of Mind and Security

    Secure Your Loved One's Future: The RAD Model

    Interest-Free Aged Care Solutions, Empowering Peace of Mind and Security

    Bridge the gap between comfort and financial security

    Offering peace of mind, these lump sum payments ensure dignified accommodation while allowing for refunds, empowering individuals and their families to navigate the aging journey with confidence.

    Understanding RADs
    in three steps

    Lump sum payment paid for aged care accomodation & services

    Resident is provided with exceptional and quality assured aged care services

    Amount deposited is fully refunded after resident leaves aged care

    Why Fund your Aged Care with a RAD?

    Potential Saving Costs

    Paying a RAD upfront can also result in lower ongoing expenses, as it minimises or even eliminates the need for DAPs.

     

    By paying the full RAD amount, residents can enjoy the benefit of reduced or waived DAPs, thereby reducing their ongoing financial commitments.

    Interest-Free Loan

    The RAD operates as an interest-free loan to the aged care provider. This means that individuals do not incur any additional costs or interest charges on the amount they have paid.

     

    The interest-free nature of the RAD ensures that the full amount is available for refund when it is due.

    Guaranteed Repayment

    The Australian Government guarantees the repayment of the RAD. This means that individuals or families can have confidence in receiving the refundable amount when they or their family member leave the aged care home or in the event of their passing.

    Financial Flexibility

    The RAD model also provides individuals with the flexibility to choose how they finance their aged care accommodation. They have the option to pay the full RAD amount upfront or opt for a combination of a smaller RAD and Daily Accommodation Payments (DAPs).

     

    DAPs are non-refundable daily fees that contribute to the cost of accommodation and care. This allows individuals to tailor their payment approach based on their financial circumstances and preferences.

    Freedom of Choice

    With government-funded aged care, the allocation of beds and the specific facilities available may be limited and dependent on availability.

     

    In contrast, the RAD model allows individuals to choose their preferred aged care home based on their specific needs, preferences and cultural considerations.

    Why Fund your Aged Care with a RAD?

    Potential Saving Costs

    Paying a RAD upfront can also result in lower ongoing expenses, as it minimises or even eliminates the need for DAPs.

     

    By paying the full RAD amount, residents can enjoy the benefit of reduced or waived DAPs, thereby reducing their ongoing financial commitments.

    Interest-Free Loan

    The RAD operates as an interest-free loan to the aged care provider. This means that individuals do not incur any additional costs or interest charges on the amount they have paid.

     

    The interest-free nature of the RAD ensures that the full amount is available for refund when it is due.

    Guaranteed Repayment

    The Australian Government guarantees the repayment of the RAD. This means that individuals or families can have confidence in receiving the refundable amount when they or their family member leave the aged care home or in the event of their passing.

    Financial Flexibility

    The RAD model also provides individuals with the flexibility to choose how they finance their aged care accommodation. They have the option to pay the full RAD amount upfront or opt for a combination of a smaller RAD and Daily Accommodation Payments (DAPs).

     

    DAPs are non-refundable daily fees that contribute to the cost of accommodation and care. This allows individuals to tailor their payment approach based on their financial circumstances and preferences.

    Freedom of Choice

    With government-funded aged care, the allocation of beds and the specific facilities available may be limited and dependent on availability.

     

    In contrast, the RAD model allows individuals to choose their preferred aged care home based on their specific needs, preferences and cultural considerations.

    Why Fund your Aged Care with a RAD?

    Potential Saving Costs

    Paying a RAD upfront can also result in lower ongoing expenses, as it minimises or even eliminates the need for DAPs.

     

    By paying the full RAD amount, residents can enjoy the benefit of reduced or waived DAPs, thereby reducing their ongoing financial commitments.

    Interest-Free Loan

    The RAD operates as an interest-free loan to the aged care provider. This means that individuals do not incur any additional costs or interest charges on the amount they have paid.

     

    The interest-free nature of the RAD ensures that the full amount is available for refund when it is due.

    Guaranteed Repayment

    The Australian Government guarantees the repayment of the RAD. This means that individuals or families can have confidence in receiving the refundable amount when they or their family member leave the aged care home or in the event of their passing.

    Financial Flexibility

    The RAD model also provides individuals with the flexibility to choose how they finance their aged care accommodation. They have the option to pay the full RAD amount upfront or opt for a combination of a smaller RAD and Daily Accommodation Payments (DAPs).

     

    DAPs are non-refundable daily fees that contribute to the cost of accommodation and care. This allows individuals to tailor their payment approach based on their financial circumstances and preferences.

    Freedom of Choice

    With government-funded aged care, the allocation of beds and the specific facilities available may be limited and dependent on availability.

     

    In contrast, the RAD model allows individuals to choose their preferred aged care home based on their specific needs, preferences and cultural considerations.

    "I have made a lot of friends. All the people are friendly, it really feels like home here"

    - Our Residents

    About Gallipoli Home

    In response to the cultural gap in aged care homes for our Muslim community, Gallipoli Home was established to meet this need and fulfill our duty of caring for our elders. It stems from the recognition that current facilities often do not cater to Islamic practices, making our initiative more than just a service but an obligation.

    Want to learn more about RADs?

    Unlock peace of mind and secure aged care accommodation with RADs. Preserve your finances while enjoying comfortable living, empowering you to navigate the aging journey with confidence and financial security.

    Want to learn more about RADs?

    Unlock peace of mind and secure aged care accommodation with RADs. Preserve your finances while enjoying comfortable living, empowering you to navigate the aging journey with confidence and financial security.