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UnitedHealthcare answeredLong-term care insurance pays a fixed amount for each qualified day that you receive long-term care. This care can be provided to you at a nursing home, your own home, an adult day care center, hospice care, respite care, an assisted living facility, a nursing home or a special care center. The care may include physical and occupational therapy, speech therapy, and assistance with home care and activities of daily living (ADL). Long-term care insurance policies continue to pay the benefit for a specific period, which could be as much as two, three, four, or five years or a lifetime (unlimited). With long-term care insurance, you can budget to pay the premiums and have the reassurance that your personal savings will not be funding any long-term care you may need.