Needing long-term care (extended healthcare) places an enormous emotional and physical strain on loved ones. This is only one reason that planning is important. Incorporating this type of insurance into your financial plan can preserve and protect your assets. Why not use discounted dollars instead of dwindling your portfolio that took years to accumulate? Long term care insurance can reduce the burden of care that typically falls on family members and will enable you to receive care in the setting of your choice.