Long Term Care Insurance has been available for many years, but has only recently come to the forefront of insurance discussion with today’s expanding and aging population. While early Long Term Care policies were similar to a basic Medicare supplement policy, today's coverage includes a broad range of services including nursing home care, assisted living facilities, home care and adult day care.

Like any insurance product, Long Term Care insurance allows the insured to pay an affordable premium to protect an unaffordable catastrophic event.

Long Term Care includes a wide range of medical and support services for people with degenerative conditions and a prolonged illnesses or cognitive disorders. However, Long Term Care is not always medical care but is sometimes "custodial care." Custodial care provides assistance with activities of daily living or supervising someone who is cognitively impaired.