In the US we know have long term care insurance people can purhcase. This insurance is to help them if they ever need to go to a long term care facilitiy when they become elderly. You much watch these insurance, however. Most of them have policies that will actually pay for very little should you actually try to use them to pay when you go to a retirement home.

Yes this is true. They aren't usally great plans. But people often try them thinking it will be a help since there is such a high cost to retirement homes.

agree there, it is true, those arent really great but people sometime dont think right.