Long-Term Care
Long-Term Care Insurance
Covers extended custodial care, like nursing homes or in-home aides, that health insurance typically doesn't.
What it actually means
Long-term care insurance helps pay for extended assistance with daily living activities — nursing homes, assisted living, in-home care — that standard health insurance and Medicare generally don't cover. Premiums rise sharply with age, which is why it's often researched starting in one's mid-40s to mid-50s.
Example: A long-term care policy might pay $150/day toward a nursing home or in-home aide after a qualifying event.
See it in context
Run the free Insurance Coverage Blueprint to see how long-term care insurance and terms like it apply to your specific situation — no signup required.