The underwriting for a DI policy also varies from company to company and according to policy
type. Even though you are in limbo, your past health
history, current doctors visists, and a possible physical examination could curtail your attempts to obtain a policy.
As for long term care insurance, you are correct. These policies would cover care up to a certain limit for any or all of assisted living, nursing, skilled care, etc. depending on the type of policy purchased.