Depending on the long-term care insurance plan selected, a policy could specify that benefits be paid for one year, two years, five years, or for the insured person's entire life.

Facility Care Insurance. 
 This insurance provides a daily benefit for every day that the insured person requires health and personal care services within a long-term care facility. 

Home Care Insurance
Home care insurance is an optional benefit purchased in addition to facility care insurance. This daily benefit reimburses the cost of home care for an insured person. Home care is defined as a medically necessary long-term care program, recommended by a physician and provided by a licensed nurse or health care worker in the insured person's own home.