How the benefit multiplier and pool of money relate in long term care insurance

The following is a couple questions that I received from one of my clients today and are two common questions that people have when researching Long Term Care Insurance.   She had a question on what the term benefit multiplier means in long term care insurance.

Client: 

The term that I couldn't remember when we spoke on Friday was "benefit multiplier".  It is on the plan I'm considering at 36 months.  It can vary from 24 months to 120 months to unlimited and the price goes up accordingly. 
Can you explain to me what that is?  Does it mean coverage for three years of care?

 LTC tree:

Sure, good questions.  The three year plan (or 36 months) is the minimum amount of time this policy would last.  For example, say you had $150/day for 3 years...the three years is essentially a multiplier to get your policy's value.  To compute the value you'd multiple $150/day, times 365 days in a year, times 3 years.  If you do the math you'd get $164,250 which is known as the pool of money.  If you were to religiously pull out $150/day each day for 3 years you'd exhaust your plan after 3yrs.  However, say you just needed $75/day or half the amount--then your policy would not last three years, but 6 years.  You're not limited to the three years, but rather the pool of money.  You have a policy to use for care as long as you have money remaining in your pool.  Make sense?