Long-Term Care Insurance is purchased in advanced of a person’s disability or infirmity, which leaves a person unable to perform some or all of the Activities of Daily Living (walking, eating, dressing, bathroom needs, or mobility).

Long-Term care covers the cost of day-to-day care and treatment at home, in an assisted-care living facility or in a full-time nursing facility, and includes a wide range of medical, personal and social services. Long-Term Care includes services provided by home health care agencies, adult day care centers, traditional nursing homes, and continuing care retirement communities. These policies vary in coverage, but will normally pay a fixed-dollar amount or the actual costs of care up to a specified dollar amount, for a specified length of time and kind of care.