![Long-term care insurance helps protect an individual’s assets by providing extra financial coverage in case they ever need assistance in completing their daily activities.](https://empowerlifeinsurance.com/wp-content/uploads/2020/11/long-term-care-compressed-570x350.jpg)
In a report from 2017, AARP revealed that approximately half of Americans over age 64 will need long-term care of some sort within their lifetimes. Although both health insurance and Medicare provide coverage for some long-term care-related costs, there is often a large expense left for the beneficiary to cover. […]