Long Term Care Insurance As An Investment?

Yes, because of the almost certainty of needing some long term care in your life.

This scenario is based on an annual investment of $2,025 and an annual long term care insurance premium of $2,025 with a 4-year plan (1460 days) and a 5% compound benefit increase.

Assuming the premium stays the same every year. Genworth bests other companies in not raising rates for existing policyholders - over 32 years.

$150x1460= $219,000 is the initial "pot of insurance money" available for care. If you needed care on day 1 of your policy you would have $219,000 available. If you needed care in year 10 you would have $339,741 in long term care insurance money available.

In 10 years you would have paid in the same for insurance as investing: $20,250. But even at 12.5% return an investment account would only have $36,407.

How to have an unlimited amount of (daily benefit) money available for care? Buy a long term care insurance policy with lifetime or unlimited benefits.

Also see
Personal Benefit Account Chart
Self-Insure Chart