Everyone Depends on Me. What If Something Happens to Me?
When you are the financial pillar of an entire family, the one person with the least protection is often the one everyone is counting on the most. Sanjana supports her parents, her in-laws, her two children, and her younger sibling who is still finding his footing. She is 42, earns the most in her family, and carries every financial decision for eight people. She has not had a sick day in six years, not because she hasn't been sick. Because she cannot afford to be. The pillar of the family is also the one person with no financial plan for what happens if she falls.
The single most irresponsible financial act a family's pillar can commit is not protecting themselves.
If you are the person everyone depends on, your financial plan is everyone's financial plan. It must include: term cover that replaces your income for 20 years → critical illness cover if you survive but cannot work → a disability plan. Not protecting yourself is not a sacrifice. It is risk.