PROTECT · VOLUME 1 OF 3 · FOUNDATIONSInsurance and protection shelf

Insurance Protection Essentials

The first book to read on protecting what you have. It explains how insurance works and which risks are worth insuring, how to rank your own risks, how cash and coverage work together, and what to look for in disability, life, health, home, auto and umbrella policies, with a yearly review that keeps them current.

Chapters8
Reading time45 min
Worked examples17
Updated2026-10-01
Start reading →
What you will be able to do

Contents

8 CHAPTERS · ABOUT 45 MIN
  1. 01How Insurance Works and What It Is For How pooling turns a large, unpredictable loss into a small, known premium, the severity test that sorts every policy into insure or keep, the main kinds of coverage, and how to read and buy a policy.7 min1 computed
  2. 02Finding the Risks That Could Break Your Finances A simple way to list what you could lose, rank threats by likelihood and severity, choose between avoiding, reducing, transferring and keeping each risk, and stress-test whether your cash and coverage would hold.5 min2 computed
  3. 03Building a Cash Safety Net Under Your Insurance Why cash fills the gaps insurance leaves, how many months of essential spending to hold, how to match the reserve to deductibles and waiting periods, sinking funds for planned costs, and where to keep the money.5 min3 computed
  4. 04Disability Insurance: Protecting Your Paycheck Why future earnings are the asset most worth protecting, where disability income comes from, the policy terms that decide whether a claim pays, how taxes change a benefit, and how to cover the waiting period.5 min3 computed
  5. 05Life Insurance and a Plan for the People Who Depend on You Who needs life insurance, how a needs analysis sets the amount, the trade-offs between term and permanent coverage, laddering and conversion, and the beneficiary designations and documents that get the money to the right people.6 min3 computed
  6. 06Health Insurance and the Health Savings Account The five numbers on every health plan, comparing plans on your worst year rather than your average one, the 2026 HSA rules and limits and the three tax breaks they bring, and keeping coverage through a job change.6 min3 computed
  7. 07Home, Renters and Auto Insurance What home and renters policies cover, insuring the rebuild cost rather than the market value, replacement cost versus actual cash value, the common exclusions, auto liability limits, deductibles, discounts and when to file a claim.6 min1 computed
  8. 08Umbrella Liability Insurance and Your Yearly Insurance Review How a liability claim reaches savings and wages, how an umbrella policy sits on top of home and auto coverage, how much to consider, how all your policies fit together, and a checklist for the yearly review.5 min1 computed
CALCULATORS USED IN THIS BOOK
Financial Health Calculator →How healthy are my finances and what should I fix first?Emergency fund calculator →How many months of expenses do I have saved, and how many do I need?Disability income need and runway →If I could not work, how long would savings last?Life insurance need and FI self-insure crossover →How much life insurance do I need, and when can I stop carrying it?HDHP vs PPO total cost →Which plan costs less for my usage and where is break-even?True cost of a car and FI delay →What will this car really cost over 5 years and how much does it push back my FI date?
The Insurance and protection shelf →