How Much Does Long Term Care Insurance Pay? 
You determine how much long term care insurance pays when you purchase the policy . E.g. . You may decide that you want to purchase coverage of $ 100/dayand that it would pay that benefit for a maximum of three years . If you did not put a Cost of Living Rider on the policy , it would pay $ 100/day until your stay ended or until you used up the three years of benefits . 