Who Should Buy Long Term Health Care Insurance? 
Long Term Health Care Insurance is called , simply , Long Term Care Insurance . It covers the cost of living in a nursing home , assisted living home , or receiving other types of services when the insured person is unable to take care of themselves . Among those who should buy Long Term Care Insurance are those who have many assets and feel strongly that they do not want their assets to go toward paying long term care expenses . People who want to have many choices in how and where they are cared for , should they be unable to care for themselves , are also people who would benefit from Long Term Care insurance , if they can afford it . Finally , persons whose families want the security of knowing that their parents will not rely on them for long term care , if needed , are those who should considering buying Long Term Care insurance . 