How Many Years Of Long Term Care Insurance Do I Need?

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    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    You can request the maximum coverage which may differ from company to company and sometimes by state because the price for assisted living and nursing home confinement costs differ. In Arizona my long term care insurance policy pays 7,000 a month for a total benefit of $420,000 or 60 months of coverage.
    Answered on September 6, 2013
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