When a crisis strikes — a medical emergency, a long-term disability, or the unexpected death of a spouse — the right insurance policies are what stand between you and financial disaster. Part of financial health is understanding and putting into place the essential insurance policies. But be on guard: insurance is a commission-driven business, and so you may be offered expensive products that you don’t need.  Below is some honest, independent guidance on insurance policies you should have (or at least strongly consider having).