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Long Term Care Insurance is designed to help you protect your family from the catastrophic costs of long term care, keeping you in control of your assets while you maintain your own independence and dignity. Private long term care insurance is a way to avoid spending all of your assets when long term care is needed. The average cost on an annual basis for nursing home costs is roughly $75,000 per year. The cost of long term care insurance depends on your age, the benefits you choose, the length of coverage and other health factors.

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