How Much Long Term Care Insurance Should I Purchase? 
To calculate how much Long Term Care Insurance to purchase , you should first find out what the average cost of nursing home care is in your area . Then , consider your own income . You could buy a LTC policy that covers the full cost of your nursing home care . Or you could save policy premium by subtracting the amount of your income that you can pay for your care , from the total nursing home cost , and just purchase Long Term Care insurance to cover the difference . 