Long Term Care Insurance Calculator – Estimate Your Coverage Needs

Use this long-term care insurance calculator to determine the potential costs and coverage options for your future care needs.

Long Term Care Insurance Calculator

How to Use This Calculator

This calculator helps you estimate the total long term care insurance benefit based on a daily benefit amount, a specified benefit period, and an assumed inflation growth rate. Fill in each field with the required information and click the “Calculate” button to see the estimated total benefit.

How It Calculates Results

The calculator first multiplies the daily benefit amount by the number of days in a year (365.25, accounting for leap years) and then by the number of years in the benefit period. It then applies the inflation growth rate each year to account for inflation. The result is the estimated total insurance benefit that will be provided over the course of the benefit period.


This calculator provides an estimate based on the inputs provided and assumes a consistent growth rate and daily benefit amount over the entire period. Actual benefits could differ due to changes in insurance policy terms, variations in inflation, or differences in the length of time over which benefits are taken. Always consult with a financial professional before making decisions based on this calculation.

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