What Is Long Term Care Insurance and Why Do You Need It?

Wed, 28 May 2025 13:04:57 +0000

Long-term care insurance is an essential financial product designed to cover the costs associated with long-term care services, which are not typically included in standard health insurance or Medicare. As individuals age or encounter chronic illnesses, the need for assistance with daily activities can arise, leading to significant expenses. Understanding what long term care insurance entails and its importance can provide individuals and families with peace of mind and financial security.