Primary Goal of this Step
Create a financial safety net for your family or other named beneficiaries in case you should die suddenly or unexpectedly.
Important Tasks: Purchase Life Insurance & Long-Term Care Insurance
Figure out what type of insurance you need
Life insurance  can provide you with peace of mind knowing that your family will be taken care of financially if you should die.
Long-term care insurance  can help you pay for care and services you may need as you age.
Talk to an insurance agent
Insurance is very complicated, and there are a multitude of ways you can structure your insurance to meet all your needs. A licensed insurance agent  can help you determine how much insurance to purchase , as well as the most effective ways to structure your policies.
There are many companies that sell insurance, each with its own policy rules, requirements, advantages, and disadvantages. Considering the types of insurance you’ll be purchasing, determine the insurance company that best meets your needs . It may be helpful to talk to a number of different insurance agents  to get a sense of the types of insurance, costs, and values that are available.