This depends on the assets that you have available to pay for services and how much you can afford to pay in premiums. A good Long Term Care policy will cover all possible levels of care in any different setting in which care is available. The most important services that your policy should cover is custodial or personal care. Many policies differentiate the amount of coverage between nursing facility care and in home care. Usually in home care is covered for half the daily benefit of nursing facility care.
Most policies do offer equal amounts of coverage for both for an additional premium.
As with most insurance policies, there are some exclusions to its coverage. A policy with no exclusions would be priced out of most consumers range. Most premiums for Long Term Health Care remain level for the term of the policy. This means that the premiums do not automatically go up as your health decreases or you get older. The company can raise premiums for a whole class of individuals in your state, with specific permission from your states insurance commission.