+49 votes
What is the cost of long term care life insurance? I'm curious about the cost of long term care life insurance. Can someone please provide me with some information?
by (460 points)

1 Answer

+42 votes
Best answer
The cost of long term care life insurance can vary depending on several factors. These factors include the age and health of the insured individual, the type and amount of coverage desired, and the specific insurance company. Generally, the younger and healthier the individual is, the lower the premium will be. On average, long term care life insurance can range from a few hundred dollars to several thousand dollars per year. It's important to note that long term care life insurance is typically more expensive than traditional life insurance due to the added coverage for long term care services. It is recommended to shop around and compare quotes from different insurance providers to find the most affordable option that meets your specific needs.
by (440 points)
selected by