LTC
insurance policies vary but most reimburse the
holder up to a daily maximum amount (the
average in 2007 was $ 160 per day, or about $ 4,800 each month) for home health care — skilled nursing, personal care and custodial care (supervision)-- or care in a nursing facility, Alzheimer's facility, adult day care facility, or assisted
living facility.
If you are able to qualify for a
life insurance policy that is rated as a Standard, then you will pay a premium rate that is in line with the «
average»
policy holder of your same gender and age range.