Most people believe they’ll never need Long Term Care (LTC). Others assume they’ve saved enough to cover a short period of care. It’s a common mindset—after all, no one likes to imagine themselves needing help with basic daily activities. However, this way of thinking can leave you unprepared for the future.

Life insurance can be an essential safety net, yet many people are unsure whether it’s truly necessary for them. Whether you’re considering a policy for the first time or reviewing your current coverage, understanding when life insurance is necessary can make a big difference. Here are some key questions to ask yourself to determine if life insurance should be part of your financial plan.

When you think of Long Term Care (LTC) insurance, does a nursing home automatically come to mind? If so, you’re not alone. Many people mistakenly believe that LTC insurance only covers care in nursing homes. The reality is that today’s LTC policies are designed to support a variety of care options tailored to individual needs, preferences, and lifestyles. In fact, many policies offer coverage for in-home care, assisted living, and other specialized services that allow for independence and flexibility.