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What is the best way to determine your ltci premiums?

I'm on a tight budget right now but I'm very interested in purchasing long term care insurance. Does anyone around here knows how I can save on my premiums?

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Nowadays, people can save on their premiums by exploring their options first. Long term care insurance is expensive in nature but when you buy early, you will be given more affordable rates since you are healthier when you are still young. There is little chance that you will file for claim and that is why insurance companies give low premiums. Another way you can save on the cost of ltc insurance is by availing discounts given to married couples. According to http://ltcoptions.com/, you can also save money by limiting your coverage. So instead of choosing lifetime coverage, you can limit your benefit coverage to a certain number of years. This is quite risky because you'll never know what can happen in the future but if you really want to save on your premiums, then this is the option you might want to consider.

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The best way to determine your premiums is by checking the amount of your benefits and the renewals. You can use the calculator on https://www.ltcfeds.com/ltcWeb/do/assessing_your_needs/ratecalcOut to help you calculate your premiums. Before you take the long term insurance policy, you need to understand the basics as different companies have different structures and conditions. You can confirm the details from different insurance companies for advice.

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