Long Term Care is custodial care, involves providing aid to a person with cognitive impairment, requiring continual supervision. Usually, the person is unable to perform certain activities of daily living (ADLs) such as bathing, dressing, or getting up.

Long-term care insurance covers the cost of personal and custodial care in a variety of settings such as your home, community organization or other facilities such as a nursing home.

A long-term care policy will reimburse policyholders based on the type and amount of coverage purchased. Although there are many plans, the most common ones are: Reimbursement Plans, Hybrid Plans an Survivorship Long Term Care Plans.