Is Long Term Care Insurance A Good Buy? 
If long term care insurance is purchased and used , it is usually a good buy . When a person buys insurance to cover a risk , and the risk happens , the insurance nearly always was a good purchase . Insurance companies go to great lengths to study statistics and actuarial tables to ensure that there are more than enough people buying policies to offset the claims that will be made . If the long term care insurance policy was not used , then it is not such a good buy . Unfortunately , no one knows that in advance . Getting a policy with a return of premium rider can help make up for the unknown . There are also life insurance policies with living benefits or riders that can be used for long term care type expenses . If the money is not on extended care needs , it is paid out as a death benefit to beneficiaries . 