Long term care insurance is typically purchased by individuals who want to protect themselves against the high costs of long term care services. This type of insurance is designed to cover expenses related to services such as nursing home care, assisted living facilities, and in-home care. Individuals who buy long term care insurance are usually concerned about the potential financial burden that long term care can place on them and their families. It is often purchased by individuals who are planning for their future and want to ensure that they have the necessary resources to cover their long term care needs. Long term care insurance can be purchased by individuals of all ages, but it is most commonly purchased by older adults who are nearing retirement or already retired. It is important to note that the availability and cost of long term care insurance can vary depending on factors such as age, health status, and the specific insurance provider. It is recommended to consult with a financial advisor or insurance specialist to determine if long term care insurance is a suitable option for your individual needs.