Which of the following best describes the function of long-term care insurance?

Long-term care insurance is specifically designed to provide financial support for individuals who require assistance with daily activities due to chronic illness, disability, or aging. This insurance helps cover the costs related to care that may not be fully addressed by regular health insurance or Medicare, which typically focus on acute medical needs.

The primary function of long-term care insurance is to enable policyholders to receive help with essential daily tasks, such as bathing, dressing, eating, and managing medications, either in their own home or in a facility that specializes in long-term care. By providing this kind of support, long-term care insurance can alleviate the burden on family members and help ensure individuals maintain a certain quality of life as they age or face health challenges.

The other options reflect different types of healthcare coverage and services that do not align with the specific purpose of long-term care insurance. Hospital stays relate to acute care rather than ongoing assistance with routine activities, comprehensive health coverage typically refers to a broader range of health services that include preventive and curative care, and preventive health measures are aimed at avoiding illness rather than addressing the daily living challenges faced by those requiring long-term care.