Long-term care insurance refers to insurance that pays for the expenses incurred by individuals who cannot take care of themselves due to old age, illness or disability and need to be treated at home or in a nursing home by a dedicated person. Long-term care insurance belongs to the category of health insurance, and the subject matter is the individual's physical health status. Usually the care period is long, which may be half a year, a year, several years or even more than ten years. The meaning of care is to maintain the individual's physical function as long as possible rather than to cure it as the main purpose. Long-term care insurance can be used as a financial compensation for care costs. Long-term care insurance mainly pays for the daily care costs of the elderly, or the daily care costs caused by illness or disability. It is generally divided into family care and institutional care.
