Home care might last longer but is usually less expensive than nursing home care. LTC premiums increase with duration of coverage from 3 years to 5 years to lifetime. Many people decide to self-insure for either part or all LTC costs. Some set aside an LTC savings account or adjust their overall investing level. You can also estimate your salary at retirement.
Application kits are available by phone or online.
Also, please consult your own financial advisor. The Davis Faculty Association.