There are five major reasons why people buy Long Term Care insurance:(1)

• To maintain their independence so they won't have to rely on family memebers.
• To protect their assets against the high cost of long term care and to preserve their children's inheritance.
• To make long term care services affordable, such as home health care and custodial care.
• To provide themselves with more options than just nursing home care, and to pay for nursing home care if it is needed.
• To preserve their standard of living.

(1) Agis Network, 2008.

Are any of the above reasons important to you?