It's very easy to get lost in the world of insurance. Between car, boat, house, pet, bike and health insurance, the thought of adding any more insurance bills is a bit daunting. Furthermore, we have family, friends, lawyers, financial advisers all telling us what type of insurance to buy, where to buy it, etc. Throw in the Internet and our library of resources balloons exponentially. Soon we ignore everyones advice and just forget about it. But in some cases that's obviously not the right decision to make.

Certain types of insurance are required by state law. Long term care insurance is not one of them, but as more and more baby boomers reach their 60s and 70s and the cost of health care rises, LTCI (long term care insurance) is becoming a pretty hot topic. The New York Times recently opened up a Q&A about LTC and the response was overwhelming. Interestingly though, many of the comments were not necessarily about how to shop for LTCI, but instead questions on what long term care insurance actually was. Obviously there is a need to educate the public about this issue.