The folks at Mint.com have put together a helpful flow chart designed to help you figure out your insurance needs. There are some obvious answers – i.e. if you own a car you have to insure it. There are some silly points where they discuss whether or not you need to insure your fingers (answer: only if you’re a hand model or concert pianist). They also discuss health insurance and various types of life insurance in a pretty helpful manner. The only really glaring omission, form our perspective, is that they don’t discuss whether or not you need to insure your income (or, more correctly, your ability to earn an income), which would address disability insurance.
Anyway, check it out and then contact us to talk about it!
