It depends on your circumstances. The older you get the greater your chance of needing long term care. That being the case you would want to continue your Long Term Care coverage until it becomes evident that you are going to die without going into a facility and no longer need the insurance.
Long Term Care insurance policies work for as long as there are benefits left in the policy. If you purchase a LTC policy with a three year coverage period, the benefits will quit paying after a qualified nursing home stay (or other covered type of care) of three years. If you purchase a policy with a lifetime benefit cap of $100,000 the policy will quit paying when the $100,000 has been all paid to you. Riders on life insurance policies that allow the death benefit to be used for long term care type needs run out when the amount allowed for that rider is used up.
How long you need Long Term Care insurance to last cannot be known in advance, but you can weigh out the premiums and features of the policy with your agent and come up with a policy that works for you.
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How long you need Long Term Care insurance to last cannot be known in advance, but you can weigh out the premiums and features of the policy with your agent and come up with a policy that works for you.