Insurance Coverage Review Checklist

CRITICAL GAP — Disability Insurance: You have zero long-term disability coverage. Your biggest financial asset is your $95K income over 25 remaining work years ($2.375M). If disabled, you would lose everything after 60 days of STD. Recommended: own-occupation LTD policy covering 60% of income. Priority 1. Life Insurance Gap: $300K + $95K employer = $395K. With 2 dependent children, standard recommendation is 10–12x income ($950K–$1.14M). Gap: ~$600K. Add 20-year term (~$40–60/mo). Umbrella: $1M umbrella policy costs ~$200/yr and protects $420K home + $130K investments — high value, low cost.