Unlike medical insurance, long-term care insurance can cover all the assistance you would need if you had a chronic or debilitating illness. If you're unable to care for yourself for an extended period of time, long term care would cover you. This might be in a nursing home or in your own home.

Insurance

Although it's becoming very popular among Baby Boomers as they age, younger people are buying long term care insurance, too. Anyone can be in an accident. The U.S. G.A.O. estimates that 40