How Much Does Long Term Care Insurance Cost?
Long Term Care
Estimate your cost.
If you’re considering LTC insurance, consider using our simple calculator that shows how much benefit you might be able to purchase based on the premium you spend. The calculator also reflects the “total benefits” available compared to the “total premiums” you’ll pay over time, otherwise known as “LTC leverage.”
Long Term Care Insurance Provides Options
There are many ways to pay for care when you need it and where you’d like to receive it.
Here are some helpful tips before you get started:
- The annual median cost of home care or an assisted living facility is at least $6,000 per month, so you may want to consider what might get you close to that number, while staying within your budget. Note: Costs vary significantly by region.
- Take a few minutes to learn about Traditional vs. Hybrid plans
- A good LTC plan is one that you can afford over the long term, so consider your budget with that in mind.
Calculate your LTC Cost and Benefit
This calculator is meant to get you started. The cost of your actual LTC plan will involve a variety of factors, including your life circumstances, family history, health, and location.
Our LTC advisors can evaluate your needs, provide you with options to meet your budget, and help you make informed decisions. Our services are complimentary, and there is no obligation. Schedule an appointment today.
