Insurance Planning
Insurance that protects your family, not just a policy number.
Life, critical illness and disability insurance exist to keep your household's finances intact if something happens to the person the income depends on. The right coverage is boring by design — it just works when it's needed.
What's Included
What working together looks like.
- A life insurance needs analysis based on income, debts and dependents
- Term vs. permanent coverage, compared in plain terms
- Critical illness coverage for major diagnoses
- Disability insurance to replace income if you can't work
- Coordination with any group coverage you already have through work
- Policy reviews when your situation changes — a new child, a new mortgage, a new job
Who This Is For
You might recognize yourself here.
New parents
Buying a first policy after a mortgage and a baby arrived in the same year.
Self-employed
No group benefits through an employer, and no coverage to fall back on.
Career changers
Group coverage from a previous job doesn't carry over to the new one.
How It Fits Together
This rarely stands alone.
Decisions here tend to touch other parts of your plan. A couple of related places to look next:
Estate Planning
A policy's beneficiary designation is part of your estate plan — not a detail to set once and forget.
See estate planningRetirement Planning
Some permanent insurance is used deliberately inside a longer-term retirement or estate strategy.
See retirement planning
Common Questions
Answered plainly.
A reasonable estimate accounts for income replacement, outstanding debts (including the mortgage), and future costs like a child's education — then adjusts for savings and any coverage you already have. The exact number is worth calculating together rather than guessing.
Term insurance is generally lower-cost and covers a set period — often used to protect a mortgage or dependent years. Permanent insurance lasts your lifetime and can play a role in estate or tax planning. Most people start with term and revisit permanent coverage later.
Often not entirely, and it typically doesn't move with you if you change jobs. It's worth checking what your group plan actually covers before assuming it's enough.
Most policies include a grace period before coverage lapses. If a payment is missed, contact your insurer or advisor promptly — reinstating a lapsed policy is usually harder than keeping one active.