How Does Long Term Care Insurance Payout? 
Long Term Care Insurance will pay out according to the terms of the policy purchased . Some policies pay the facility that is providing the long term care for the insured person . Other policies pay the person a monthly benefit that they can use to pay for the services they are receiving . The policy ends when the years run out -LRB- for the first type of policy -RRB- or the money runs out -LRB- for the second type of policy -RRB- . 