Long-term care insurance is an institutional arrangement that focuses on providing nursing care and financial compensation when the insured loses his/her ability to perform daily activities, becomes ill or dies in old age.

Currently, there are two forms of social insurance and commercial insurance in the world.

Long-term care insurance is an important part of the public health policies and systems of developed countries. The book "Long-term Care Insurance" provides an in-depth study of the successful experiences of developed countries in developing long-term care insurance, which also provides insights into our country's public health policies. The designers and formulators provided the necessary reference basis for improving my country's national health system.

Long-term care insurance began in the United States about 20 years ago. The development momentum of long-term care insurance in Germany and France has been very good. In the United States, long-term care insurance has increasingly become the most popular type of insurance for families. It currently accounts for 30% of the U.S. life insurance market.

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my country's elderly population will reach 240 million in 2018. my country's population aging has entered a new stage. The burden of supporting only children has increased. Young people's busy work has reduced the time to take care of the elderly. Long-term care insurance has great market prospects.

Benefit condition standards: 1. Failure in daily activities.

Including: getting up and going to bed, or daily activities, dressing and undressing, etc.

2. Medical necessity and hospitalization.

Insurance companies require that the insured's admission to a nursing home must be medically necessary, just like admission to a hospital. 3. Cognitive impairment.

Typically, long-term care is considered necessary if the insured person is diagnosed with a cognitive impairment in some area.

Insurance liability: Each insurance company is different, but generally includes the following: 1. Long-term care insurance.

The insured loses his or her ability to live due to accidental injury or other reasons.

2. Cancer insurance benefits.

Coverage for the first occurrence of certain cancers.

3. Death insurance benefit.

Available upon death of the insured.

4. Elderly care insurance.

After the insured reaches the age of 60, he will receive it according to regulations.

5. Elderly disease insurance.