What is the “Premium” in a Long-Term Care Insurance Policy? Premium = The amount paid by the policyholder in return for protection against financial loss due to occurrence of an event. Trackbacks/Pingbacks 10 Ways To Reduce Taxes With Long-Term Care Insurance | LTCFacts.org - [...] are 10 tax-friendly ways to pay long-term care insurance premiums. Depending on your situation, you could save hundreds (possibly thousands)… Three Big Problems With Long-Term-Care Insurance | LTCFacts.org - […] Premiums might skyrocket forcing you to drop the policy. […] Submit a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.