Long-Term Care Insurance Workbook: Assess Your Risk and Evaluate Your Options

Deciding whether to buy long-term care insurance — and if so, which policy — requires working through numbers and trade-offs that most people have never considered. This course provides the structured worksheets and decision frameworks to do exactly that, using realistic cost projections and policy comparison tools. By the end of this course you will be able to estimate your personal long-term care cost exposure, compare policy features across multiple quotes using a structured framework, calculate the effect of different inflation riders on benefit adequacy, and document a care funding strategy that integrates LTC insurance with your other retirement assets. What you will learn: - How to use national and regional cost-of-care data to project your personal LTC exposure - A worksheet for calculating the gap between projected care costs and self-funding capacity - How to compare daily benefit amount, benefit period, and elimination period across two or more policy quotes - A side-by-side comparison template for evaluating traditional versus hybrid LTC products - How to model the impact of a 3% compound inflation rider versus a 5% simple inflation rider over 20 years - A checklist of questions to ask an LTC insurance specialist before applying - How to assess your health status and its likely effect on insurability and premium - A one-page care funding summary template you can share with a financial planner or family members The course is structured as a guided workbook. Each module combines a brief explanatory reading with a worksheet exercise. Hypothetical data is provided for each exercise so you can follow the logic before applying it to your own figures. By the final module you will have built a documented LTC planning analysis for your household. Suitable for adults actively evaluating long-term care options — whether investigating for the first time or revisiting a decision made years ago. No prior insurance expertise is required. This course is educational and informational; it does not constitute licensed insurance advice. Consult a qualified long-term care insurance specialist before purchasing any policy.