Five things to check first

01

Record each parent’s actual health-cover status.

02

Review co-pay, waiting periods, room limits and hospital network.

03

Do not assume employer cover will continue after a job change.

04

Separate recurring parent support from emergency savings.

05

Review life protection when parents rely on your income.

Why the people matter

Three people can mean two working adults and a child, or one working adult and two older parents. Those families do not have the same risks. MoneyMap asks who earns, who needs support and who is covered instead of relying on a headcount.

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