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Long-Term Care Insurance FAQ’sWhat Is The Average Cost Of Long Term Care Insurance?The average cost of long term care insurance is $2,007 per year which comes out to $167 per month according to recent industry research.
What Determines The Average Cost Of LTC Insurance?
The things that will determine the cost of your policy are:
Your Age & HealthAmount Of CoverageGender Marital StatusThe Insurance CompanyWhat’s The Best Age To Buy Long Term Care Insurance?
The best age to purchase long term care insurance is between the ages of 49 and 59 years old.
About the author
Sa El
Sa El is the Co-Founder of Simply Insurance and a licensed Insurance Agent with over 16 years of experience in the industry. He specializes in Life & Health Insurance and is certified in Long Term Care Insurance in the state of Georgia. a licensed real estate agent in the state of Georgia (License #382602), an entrepreneur, insurance educator, and freelance writer.
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