Long-Term Care Insurance
Private insurance that pays for extended help with daily activities — home care, assisted living, or nursing home care — that medical insurance and Medicare do not cover.
About Long-Term Care Insurance
Long-term care (LTC) insurance pays a daily or monthly benefit toward services you need when you can no longer perform activities of daily living such as bathing, dressing, eating, transferring, toileting, and continence — or when cognitive decline puts you at risk.
Traditional LTC policies pay benefits when you are certified by a licensed health care practitioner as chronically ill. Newer hybrid life-and-LTC and annuity-and-LTC products are increasingly common and add a death benefit if you never use the LTC features.
Medicare and Medigap do not pay for ongoing custodial care. Medicaid will pay for nursing home care, but only after you spend down most of your assets. LTC insurance is the main way to protect retirement savings from large long-term care costs.
- In-home personal care and homemaker services
- Adult day care
- Assisted living facility room and board
- Nursing home care
- Memory care for dementia and Alzheimer's
- Care coordination and caregiver training (varies by plan)
- Care delivered by an immediate family member (some plans pay informal caregivers — verify policy)
- Care that begins before the elimination period ends
- Conditions excluded by underwriting (varies by carrier)
Healthy adults — most carriers underwrite based on age and health, with the best premiums available in your 50s and early 60s.
Premiums depend heavily on age at purchase, daily benefit amount, benefit period, inflation rider, and underwriting class. Premiums vary by county, age, household size, and plan year. Talk to a Yumi Health advisor for a personalized quote.
When you can enroll
Carriers active in New Jersey
These carriers offer this product to New Jersey residents. We shop across them to find the right fit.
New Jersey counties served
Yumi Health helps residents in all 21 New Jersey counties.
Sources
Information last reviewed: 2026-04-07. Specific premiums, networks, and benefits change every plan year — talk to a Yumi Health advisor for the most current details.
Ready to see what fits?
A licensed Yumi Health advisor reviews your situation and tells you exactly which plans you qualify for. Always free.