How do you complete the insurance section? Some types of insurance aren't easily summarized by a number, for example auto, disability, long-term care, etc.

Article ID: 206

Last updated: 20 Nov, 2019

Sure they are. Insurance is all about numbers. Disability has a benefit amount, that’s what goes in the box on the back of the Financial Road Map™, a premium amount, and an elimination period. 3 key numbers.
Long Term Care: benefit amount, duration, and premium Auto: Benefit amount, premium, and deductible. Sometimes the benefit amount is “replacement value.” That’s a good number.
Insurance is all about numbers. You pay in and hopefully, when you need it, they pay out. The main number you are looking for, for Financial Road Map™ purposes, is the amount it pays when they need it.

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