Coverage should reflect your income replacement needs, debts, education funding goals, and estate objectives.

Long-term care coverage may help protect assets from the potentially high costs of extended care needs.

Disability insurance should protect your earning power with appropriate benefit levels and coverage definitions.

Term life insurance provides temporary coverage for a specific period at a lower cost with no cash value. Whole life insurance offers permanent lifetime coverage with a cash value component that grows over time, at higher premiums.

Emergency funds should generally cover at least three to six months of essential expenses.

Insurance coverage should be reviewed regularly to ensure it aligns with your current financial situation and risks.