No, they are two different solutions to two different problems. Long Term Care Insurance protects you when you get sick and can no longer care for yourself. It helps pay the cost of Nursing Home, Assisted Living, or Home Healthcare. These costs can be devastating to a person and the legacy he or she wants to leave behind. Long Term Disability protects a persons income should that person become disabled for a long period of time. These policies are generally used by working individuals and business owners, whereas Long Term Care is typically utilized by older adults.