Which type of insurance is specifically designed to assist with non-acute care needs?

Long-term care insurance is specifically designed to assist with non-acute care needs, which typically includes services for individuals who may need assistance with daily living activities over an extended period. This type of insurance helps cover the costs associated with long-term services, such as personal care, home health aides, assisted living facilities, and nursing homes, which are usually not included in standard health insurance policies. Long-term care insurance is important for planning for future healthcare needs that are chronic or require ongoing support rather than immediate medical attention.

Health insurance focuses primarily on covering acute medical needs and hospitalizations, which doesn’t align with the concept of non-acute care. Travel insurance is primarily concerned with protecting travelers from financial loss during trips, such as trip cancellations or medical emergencies while abroad. Life insurance provides financial support upon the death of the insured, which again is unrelated to long-term care or non-acute needs. Therefore, long-term care insurance uniquely fits the criteria outlined in the question.