Long-term care insurance (LTCI) is a type of insurance that helps pay for long-term care services for people who are unable to care for themselves due to a chronic illness or disability.
Final expense insurance, also known as burial or funeral insurance, is a type of life insurance that covers the costs associated with a death, such as funeral arrangements and medical bills. It's a popular choice among seniors, and may be worth considering if you want to ease the financial burden on your loved ones after you die.