Long-term care insurance can return roughly 10 times what you pay in, since the policy pays out for caretaking expenses well beyond the premiums contributed. That payout ratio is what makes it a strong value compared to self-funding care costs out of pocket.
The biggest benefit of long term care insurance is you get the payout expenses for your caretaking from your long term care policy. And the money you put into this long term care policy gives you a greater return on your investment – 10 to one ratio.
