Long-Term Care Insurance - Should I Buy It?

Long-term care insurance is an insurance that you could pay for now should you at some point in the future need nursing home care, skilled nursing care. The industry has tried to recalibrate because there used to be a gazillion people in this space and they mispriced it. But what I've seen when I've looked at policies recently is that instead of giving you these blanket lifetime benefits, they've now tried to compress down to where it's like a five year benefit.