One aspect of life that’s often overlooked is insurance—car, health, life, etc. Being smart fiscally isn’t just about owning some stocks or real estate; it’s about having your entire life portfolio in order.

In America, we’re greatly underinsured. One stat that’s floating out there says that only 47% of U.S. households own any individual life insurance. Are you one of the uninsured? Most people rely on their employer to provide their insurance needs. What about the self-employed?

According to the National Safety Council one unintentional injury death occurs every six minutes. And this brings up another questions. How good is your insurance? They’re not all the same by any stretch.

I don’t have any concrete recommendations for affordable life insurance at this time, but a quick search on Google (or talking with friends and family) will start you down the right path. And it should go without saying that you must do your homework. The world is loaded with insurance providers.

Remember, when someone dies, there’s not just costs associated with the death, but ongoing loss as well—especially if that person was the breadwinner in the family.

Be a smart person and make sure all of your financial aspects are in order.