Is Long Term Care Insurance The Same As Life Insurance? 
Long Term Care Insurance pays for bills incurred by the extended need for health care and/or assistance when people become unable to take care of themselves due to chronic illness or advanced age . Long Term Care benefit payments are made to them while they are still alive , so that they can pay their medical/housing bills . Or the payments go directly to the providers of such care -LRB- usually , a nursing home -RRB- . When the insured person passes , the need for the coverage and the policy payments end . Life Insurance pays the death benefit when the insured person passes away The face amount of the Life Insurance policy is paid to the beneficiary rather than the Insured person . However , some life insurance policies do have riders or living benefits that allow part of the face amount to be used while the Insured is alive but terminally ill , unable to care for themselves , or a few other reasons . These hybrid policies can cover both purposes . 