https://www.google.com/#q=actuarial+table+for+long+term+care+annuities
I think you’ll find that the price starts low but gets higher and higher so that you’ve dropped it when you’re most likely to need it. That’s what we found when we ran the numbers for my sister.
Unless you have special circumstances I’d say invest the money and rely on the sale of the investment to cushion your final days.
Thanks, checked the chart.
The policy we are looking at isn’t an annuity. It pays out a certain amount a month for however months we select. For example we would choose 6 years, $6,000/month.