Many older citizens, aware of the limitations of Medicare, have opted for private insurance coverage known as Long-Term Care Insurance or LTCI (L-T-C-I). Long-term health care such as nursing home costs can deplete your assets, and as such, LTCI offers one alternative toward protection. Most policies are guaranteed renewable even if your health becomes worse. However, LTCI is more expensive than most insurance and may not be in the within the price range of persons with fewer assets. The decision to purchase this type of insurance requires a thorough understanding of your current and future needs. Consult with an estate-planning expert on Long-Term Care Insurance before you make the decision to buy this kind of insurance.