Is Long Term Care Insurance Smart? 
Like most insurance , it 's smart if you need it - and perhaps not so smart if you do n't need it . Unfortunately , we do n't have a crystal ball . So the question becomes ... would you rather pay a monthly premium or risk everything you own as well as possibly receiving lousy care ? Without long term care , you drag your family & friends into the equasion since somebody has to take care of you . We are a society that is living longer . I personally believe that long term care is perhaps the most needed , yet least purchased insurance . You 're on the right track by inquiring . 