| For many Americans, long term care insurance is the best way of addressing the risk that they or a family member may one day require long term care services. According to America’s Health Insurance Plans, over 9 million long term care policies were purchased through 2002. Each year, almost 1 million new long term care insurance polices are purchased.
Today’s long term care insurance polices are much improved over those of years past. Benefits have been expanded and policyholders have greater choice over how benefits are used and where and by whom care services are provided.
Each person who chooses to purchase long term care insurance does so for their own unique reasons. But most make the choice for one or more of the following reasons:
 Avoid dependence on family and friends
Maintain the option to choose how and where to receive care
Ensure access to high-quality care services
Preserve valuable assets for other uses
Disclaimer
The following is a general description of what long term care policies commonly cover in most states. Policies vary from company to company and state to state. Consult with a qualified long term care insurance agent and read the policy carefully before purchasing.
Benefits
Pay
Policies
Premiums
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