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I am looking to purchase long term care insurance and want to know the average cost per month. Can you provide me with some information on this?
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The cost of long term care insurance can vary greatly depending on factors such as age, health, and the level of coverage desired. On average, a policy can cost anywhere from $2,000 to $5,000 per year, which translates to approximately $167 to $417 per month. However, it's important to note that these numbers are just a rough estimate and the actual cost will depend on your individual circumstances. It's recommended to get quotes from multiple insurance providers to find the best coverage and price for your needs.
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