When I examined Richard and Monicas insurance policies, I found the following:

Medical coverage was adequate.

Auto insurance was at the minimum level for the state of $50,000 to $100,000 per accident.

Homeowners insurance was at a level of 50 percent of replacement cost for the house. They had a 90 percent coinsurance clause.

Richard had no disability coverage.

A note saying that Richard didnt want long-term care insurance, but Monica was interested in looking at it.

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1) What is your homeowners insurance recommendation? Do you believe Richard and/or Monica should have long-term care insurance?