I'm not implying that LTC insurance doesn't do what it's supposed to. I just mean you have to comparison shop carefully to make sure you're getting the coverage you want at the best price. Which brings us to the next point.
Timing the purchase
LTC insurance isn't cheap. And the older and less healthy you are when you buy it, the higher your premiums. (Also realize that as you age you may become uninsurable if your health deteriorates.) The National Association of Insurance Commissioners states that by some estimates, LTC policies on a national average cost close to $900/year at age 50, over $1,800/year at 65 and almost $6,000/year at 75. In some states, premiums can be a lot higher.
Because this can be such a big financial commitment, you really have to weigh the expense against the risk of having to pay for care down the road. And although there isn't one perfect time to purchase LTC insurance, age 43 is on the young end; at your age, you could end up paying premiums for 40 years or more. Although it's hard to generalize, LTC insurance tends to be most cost-effective for those between 50 and 65 who are in good health. But I'm a big proponent of planning ahead. And as a life-long saver, it sounds like you are, too.
The best thing to do right now is to look at long-term care insurance in the context of your overall financial situation. Also think about your own health and family history. If you decide to wait, that's fine, but it's never too early to do some additional research. Talk to your financial advisor. You can also get information from an objective source such as your state insurance department. Look at individual policies, and check to see if there might be a group policy offered through your employer or a professional association.
You may never need LTC or LTC insurance, but as with all things financial, it's wise to consider your options well in advance. Best of luck as you continue to build a secure financial future.