We bought a long Term Care Insurance policy back in 2002 thinking that we’d never need to use it, but just in-case…  As it turns out my wife ended up filing her first Long Term Care Insurance claim three years later.  She had a hip injury from an auto accident years before and the joint slowly deteriorated over time. She was carrying some extra weight and never was able to recover from the injury and to this day is still on claim. Her policy has paid out over $300,000 dollars in benefits to date.  If you need a good place to compare companies check out the company that helped set ours up.  They work with all the big insurance companies.  www.ltctree.com is the name and I think they just mail the stuff out to you.  They are real laid back and we liked that they did not try and come give us some sales pitch at the house!