When Is It Too Late For Long Term Care Insurance? 
In my opinion , it 's never too late . The average age that people buy is 57 . However , even if the price is high , get as much coverage as you can afford . You buy a maximum dollar amount per day . So if you ca n't afford to buy -LRB- for example -RRB- $ 165/day , then buy $ 80/day . Remember , most Long Term Care claims are n't for nursing homes - they are for care you receive in YOUR home . In other words , you may hire a service to come to your home 3-4 hours/day to cook meals , do laundry , etc. . And that may only cost $ 80/day ... 