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Life & Disability Insurance Guide
InsuranceHow to think about coverage, common policy types, and a checklist to evaluate your needs.
Educational content only — not tax, legal, or financial advice. For guidance tailored to your situation, please contact us.
Why disability insurance matters
- Income is often your biggest asset — disability coverage helps protect it.
- Employer coverage may be limited; understand the definition of disability and benefit duration.
- Consider elimination periods and benefit amounts.
Life insurance: term vs permanent (high level)
- Term: typically lower cost, coverage for a set period.
- Permanent: longer-term coverage with additional features; costs and suitability vary.
- Pick coverage based on obligations (mortgage, kids, debt, business needs).
Quick needs checklist
- Who depends on your income today?
- How long would your family need support?
- Do you have business partners or key-person risk?
- What debts should be covered if something happens?
Common pitfalls to avoid
- Buying a policy without reviewing beneficiaries regularly.
- Assuming employer coverage is sufficient.
- Underestimating coverage duration needed (especially with young kids).
Want help applying this to your situation?
We can review your goals, documents, and next steps together. Reach out via the contact form on the home page.