What type of insurance provides coverage for long-term care services?

Long-term care insurance is specifically designed to cover the costs associated with services that assist individuals with prolonged illness, disability, or the inability to perform routine daily activities like bathing, dressing, or eating. This type of insurance not only covers care received in nursing homes but can also include in-home care and assisted living facilities, addressing the unique needs of individuals requiring long-term support.

Disability insurance, on the other hand, primarily helps individuals replace lost income when they cannot work due to a disability, rather than covering the costs associated with long-term care services. Life insurance provides a payout upon the policyholder's death, intended to support beneficiaries financially, but does not cover long-term care expenses. Health maintenance organization (HMO) insurance typically focuses on providing a network of health care services and may cover some short-term rehabilitation services, but does not specifically cater to the needs that long-term care insurance addresses. Thus, long-term care insurance stands out as the appropriate choice for covering those extended care services.