What does LTC insurance cost?

The cost - the premium - for a Long-Term Care insurance policy can range widely based on a person's age, gender, health history, by the amount of coverage chosen, and if premiums are paid year-to-year, for only 10-years, or as a single-payment.  Hybrid LTC policies that combine life insurance with LTC benefits cost significantly more.  Click here to learn more about Hybrid LTC insurance.

Sample premiums for an average
"traditional" LTC insurance policy*:

50 Years Old

Married couple:
$3,989/year  AVERAGE
$3,112/year  Lowest
$4,846/year  Highest
​
​Total Benefits at age 80:
$786,433
Single Female:
$2,900/year  AVERAGE
$2,572/year  Lowest
​$3,572/year  Highest

​Total Benefits at age 80:
$393,217

55 Years Old

Married couple:
$4,429/year  AVERAGE
$3,555/year  Lowest
$5,395/year  Highest

​Total Benefits at age 80:
$678,384
Single Female:
$3,210year  AVERAGE
$2,911/year  Lowest
$3,638/year  Highest

​Total Benefits at age 80:
$339,192

More ages coming soon!
* Premiums based on:
  • "Standard" (2nd-best) health rating
  • Medicaid State Partnership asset protection qualified
  • $4,500 per month ($150 per day) Benefit Amount
  • 3-year Benefit Period ($162,000) per person - couples' include "shared benefits" totaling 6-years ($324,000)
  • Automatic 3% compound benefit inflation increases
  • 90-day Elimination Period
  • Lifetime premium payments (premiums waived for person on claim)
  • Rates effective 9/1/2019
For example/comparative purposes only.  Not an offer of coverage.  Premiums based on quotes for "traditional" LTC insurance from active LTC insurance companies represented by ComfortLTC in NC.  Premiums may vary based on state of residence where purchased.  Not all carriers, plans, or features are available in every state.  See an approved illustration and Outline of Coverage for a complete coverage description including all available provisions, limitations and exclusions.  CONTACT US for more information or a no-obligation personalized quote.