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For instance, a 65-year-old might pay a premium of $156,000 for $1,000 a month in income for life plus a monthly disability payment of at least $2,000 a month when needed, Murtaugh, Spillman and Warshawsky estimated in a 2001 study. They figured that as much as 98% of the population of the 65-year-olds could be able to pass the minimal underwriting and be eligible for the product.
well even if they did increase that amount they couldn't sustain that payout beyond 3-4 years without additional funding or double digit interest rates. But that would be available for ltc needs.