Coverage Gap Assessment

Answer a few guided questions to estimate whether your household may have a protection gap.

Section 1
Let’s start with who you’re protecting
Marital Status
Do you have anyone who depends on your income?
Section 2
Tell us about your income
Employment Type
1: Very unstable 3 5: Very stable
Section 3
Let’s protect your home
Housing Status
Section 4
What does it cost to run your household?
Total Monthly Expenses: $0
Section 5
What future costs should we protect?
College Funding
Would you want your debts fully paid off?
Would you want to leave money behind for your family?
Section 6
Do you already have protection?
Existing Life Insurance
Section 7
What are your biggest concerns?
Biggest Concern
Emergency Savings
Section 8
Let’s match this to your budget
Monthly Budget
Preference
Section 9
Let’s plan your future income
When do you expect to need income beyond your current earnings?
Section 10
Guaranteed income
Do you expect to receive Social Security?
Will you receive a pension?
Section 11
Retirement savings
Are you actively contributing to retirement savings?
Section 12
Do you already have protected income set up?
Do you currently own any annuities or protected income products?
Section 13
Income preference
In retirement, would you prefer:
Section 14
Market risk sensitivity
What worries you most about your savings?
1: Very conservative 3 5: Aggressive
Section 15
Liquidity preference
How important is access to your money?
How much of your savings could you safely allocate?
When would you want protected income to begin?