How does long-term care coverage benefit the insured?

Long-term care coverage primarily benefits the insured by addressing the financial needs associated with extended care services. It typically provides assistance for individuals who may require help with daily living activities due to chronic illness, disability, or other health issues.

When the insured needs long-term care, this coverage helps pay for services such as nursing home care, home health care, or assisted living facilities, which can become significant expenses. In some policies, a portion of the death benefit can be allocated to contribute to healthcare costs, allowing the insured to utilize their policy in a way that supports their health care needs before passing. This feature allows individuals to plan financially for the potential of needing care, ensuring they do not deplete their resources entirely before passing.

The other options, while they may relate to different aspects of health and life insurance, do not directly address how long-term care coverage specifically serves to support the insured's financial planning and care needs.