Why Is Long Term Care Insurance Important? 
In all honesty , Long Term Care Insurance is not important for everyone . If you have very few assets and low income , you may sacrifice to pay Long Term Care premiums for extended care that may or may not be needed , and that Medicaid could cover if needed . If being able to choose your own place and type of extended care is important to you , then Long Term Care Insurance is a great thing to own even with low assets , as long as you can afford to pay the premiums . Long Term Care Insurance is most important for those who have an estate to protect . If you have saved up to pass an inheritance to your loved ones , or wish to pass a business to a successor , your intentions could be jeopardized if you were to to need care for an extended period of time . Long Term Care can pay that for you and allow your estate to remain untouched . 