Insurance & contingency

Illustrate how a life insurance lump sum or reduced household income changes the plan — debt clearance, spending adjustments, and remaining runway. Adviser workflows include insurance review journeys with document vault and SOA tracking.

Contingency modelling

RetireMe models lump-sum inflows and income changes through timeline events — useful when demonstrating how a claim might replace lost income or clear debt. Adjust expenses, pause renovations, or model downsizing in alternate plans.

This supports the conversation around cover levels; it is not a replacement for a full insurance needs calculator or underwriting workflow.

Adviser insurance workflows

The adviser portal includes default Insurance review workflow templates: fact find artefacts, needs analysis documents, quote packs, SOA category, and implementation tasks — alongside the same lifetime plan the client sees in reviews.

Pair quantitative contingency modelling with your existing insurance process and provider quotes.

Adviser tip: Duplicate the plan, remove a salary from the chosen date, and add a lump-sum inflow in the same month as a claim — then compare Monte Carlo success before and after.