Do you need Life, Disability or Business Overhead insurance?
Important questions to ask yourself:
Do you have children or other dependents?
How dependent are you on your income and do you have a contingency plan if you are unable to earn income for an extended period of time?
Do you have major cash flow obligations such as a mortgage or business loans?
If you have a business are there key people involved that would be difficult to replace if they could no longer fufill their role?
Do you have provisions to be able to fund a buy/sell agreement if something happens to a business partner?
How much existing coverage do you have and is it enough?