One should not assume that LTC insurance will only be needed when you are very old and near the end of life. We have all heard about healthy middle aged folks who suffer a brain injury in a car accident, a stroke, or some other condition that leaves them in a coma or fully disabled but with modern medicine, the prospect of many years of survival in a nursing home. That, to me, is the worse case scenario. If that were to happen to me, with no LTC insurance, my DW would exhaust all of our carefully built resources long before her life expectancy was reached. We both bought LTC policies at age 50 and fear of that scenario was one of the reasons. It is relatively cheap protection from what would otherwise be a catestrophic situation.
GRumpy