What Are The Disadvantages Of Long Term Care Insurance? 
I can not think of any disadvantages of owning a long term care plan other than paying premiums and never having a claim . Of course , not having a long term care claim means you died without having your health decline to a point of needing assistance every day of your life . Most people would consider this a blessing . There are many disadvantages for not owning a long term care policy and needing daily help . This could result in signing over all of your assets to a nursing home and leaving your surviving loved ones with nothing to inherit . Or worse , not having enough assets to be able to spend your final days in a nice facility versus a government ran facility and dying with your dignity . 