Long term health insurance is an insurance policy that pays for your care later in life, should you need it. Just like other types of insurance, you pay a monthly premium until you make a claim; then, the insurance should start covering the costs you incur. Our friends at Harding & Harding Associates, Inc go into depth about long-term care insurance. Read it here.
Half of Americans will need care as they age, and long-term care insurance can help cover the cost