About one-third of long-term care insurance applicants are denied due to health issues, so applying in mid-50s to early 60s is ideal. Policies are guaranteed renewable for life with premiums paid, typically covering 3–5 years of benefits. A 90-day elimination period reduces premiums. Inflation protection riders are important. Spousal discounts of 25–40% are common. Benefits trigger with impairment in two ADLs or cognitive decline. Premiums may be tax-deductible. State Partnership programs protect assets after benefits are exhausted.