Long term care insurance is designed to provide coverage for individuals who require long-term care services due to chronic illness, disability, or cognitive impairment. The primary beneficiaries of long term care insurance are individuals who may require assistance with activities of daily living, such as bathing, dressing, eating, and using the bathroom. This type of insurance can benefit not only the policyholder but also their family members and caregivers by providing financial support for the costs associated with long-term care services. Additionally, long term care insurance can help protect the policyholder's assets and savings from being depleted by the high expenses of long-term care. It's important to carefully consider the potential benefits of long term care insurance in the context of your own or your family member's health and financial situation, as well as the available options for coverage and policy features.