Insurance is not the flashiest part of a financial plan, but it protects everything else. The goal is to cover risks that could force the client into debt or wipe out savings.
Practical checklist
- Maintain health insurance and understand deductibles.
- Keep auto insurance legal and adequate for personal risk.
- Add renter’s insurance before signing a lease.
- Consider life insurance mainly when someone else depends on the client’s income.
- Review employer benefits before buying separate policies.
Presentation angle
Frame insurance as a guardrail. The client is building savings and paying down debt, so the plan needs protection from predictable shocks.