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American Foreign Service
Association (AFSA)
Long Term Care Premium Comparison |
 This page is available as a printable PDF.
Click here to open, save, and/or print this page. |
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Virginia*
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What does Long Term Care Insurance cost at various
ages
and how much can AFSA save me? |
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Age |
Daily Benefit |
Benefit Period |
Inflation |
Elimination
Period |
Annual Premiums
AFSA Discount |
AFSA
Annual Savings |
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|
single |
married |
single |
married |
| 55 |
$150 |
5 Years |
5% Compound, No Cap |
90 days |
$1,698 |
$2,378 |
$89 |
$124 |
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| 60 |
$150 |
5 Years |
5% Compound, No Cap |
90 days |
$2,079 |
$2,910 |
$109 |
$154 |
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| 65 |
$150 |
5 Years |
5% Compound, Cap** |
90 days |
$2,236 |
$3,130 |
$117 |
$166 |
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| 70 |
$150 |
4 Years |
5% Simple, No Cap |
90 days |
$3,292 |
$4,608 |
$173 |
$242 |
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| 75 |
$150 |
4 Years |
None |
90 days |
$3,583 |
$5,016 |
$188 |
$264 |
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| 80 |
$150 |
3 Years |
None |
90 days |
$4,892 |
$6,849 |
$258 |
$361 |
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*Premiums may vary in other states.
Sample premiums are rated based on very good health — preferred plus
Allianz Life Insurance Company (A rated by AM Best); rates as of April, 2008
Daily benefit options are available in increments from $50 to $500
Benefit period options are available for 2, 3, 4, 5, 8 years and lifetime
Inflation allows the daily benefit to increase year to year
**Two times compound inflation will double in 14 1/2 years and capped at 100% |
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