Income Protection Notes
For most working households, the biggest financial asset is future income. Disability insurance protects it if you can't work. Term life insurance replaces it for your family if you die. These guides size both with worked examples.
Guides
Disability insurance: the four numbers that decide your benefit, and the tax detail that changes itMost working people insure their house, their car, and their life, and leave the asset worth more than all three uninsured: their ability to earn. A…
Laddering term life insurance: matching coverage to a shrinking needMost families who buy term life insurance buy one policy: a single amount for a single term, often $1 million or more for 20 or 30 years. But the need it…
Which covers what
| Risk | Coverage |
|---|---|
| Can't work because of illness or injury | Disability insurance |
| Death while others depend on your income | Term life insurance |
| Work-related injury | Workers' compensation, then disability |