LONG TERM CARE INSURANCE LEVERAGE
by John B. Linvill, Jr., CSA ~ June 2010

Couple, age 55:

• Beginning Daily Benefit: $250
• Annual Benefit Increase: 5% Compound
• Benefit Period: 10 Years Shared (5 years each)
• Annual Premium: $5,200

At year 25 – age 80:

• Total premiums paid: $130,000
• Monthly Benefit: $ 25,400
• Benefit Period to recapture premiums paid: 5.1 months

Should spouses use all years (10), total benefit received (tax free): $3,048,000

Should this occur, the benefits received will be 23.4 times the total premiums paid.

John B. Linvill, Jr., CSA ~ (610) 688-1587
www.jlinvillLTC.com ~ www.jlinvill.com

All Material ©2010 John B. Linvill Jr., CSA
Reproduction of this article is prohibited without the express written consent of the author.
Inflation calculations are based upon current economic statistics and estimates for the Philadelphia area.