Try: The amount of coverage depends in part on what you need and in part on what you can afford as a general guide you should not spend more than 5 to 10 percent of your income both earned and unearned on long-term care insurance premiums in terms of the size of the daily benefit you purchase it should make up in the shortfall between your income and the average cost of nursing home care in your area if you’re between the ages of 50 to 65 consider lifetime benefits with compound inflation options if you’re 65 to 75 think about a six-year or lifetime benefit period with simple inflation options those older than 75 years old should consider buying more daily benefit for as long a period as they can afford information references "long term care insurance " available at

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Categories: Sage, Topic, Financial, Medical Physical

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Keywords: Insurance long term care

*This information is listed as a Fact Sheet and is not explicitly medically licensed