Long term care insurance is designed to provide coverage for the costs associated with long term care services. It is specifically meant to help individuals pay for the assistance they may need with activities of daily living (ADLs) such as bathing, dressing, eating, and using the bathroom, as well as other services like medication management and transportation. The purpose of long term care insurance is to help protect individuals and their families from the potentially high costs of long term care, which can be a significant financial burden. By having this type of insurance coverage, individuals can have peace of mind knowing that they have a plan in place to help cover the expenses associated with long term care services. Long term care insurance can also help individuals maintain their independence and quality of life by providing access to the care and support they need. It is important to note that the specific coverage and benefits provided by long term care insurance policies can vary, so it is essential to carefully review the terms and conditions of any policy before purchasing it. Additionally, it is recommended to consider long term care insurance at a younger age when premiums are generally lower and to consult with a financial advisor or insurance specialist to determine the best options for individual needs and circumstances.