How it works
Protection that changes as your savings change.
Emergency Fund Gap Coverage is being designed around one number: the distance between the emergency savings a household has today and the reserve it is working toward.
How it works
Protection that changes as your savings change.
- 01
Establish your reserve target
Estimate the amount of essential household expenses you would reasonably want available in an emergency.
- 02
Verify what you already have
Qualifying liquid emergency savings are documented.
- 03
Protect part of the remaining gap
Subject to final carrier-approved eligibility, limits, terms, and pricing, Emergency Fund Gap Coverage would protect a defined portion of the remaining need.
- 04
Keep saving
As verified emergency savings increase, the gap gets smaller. Coverage and/or pricing may adjust with it.
The destination is not permanent insurance.
The destination is a fully funded emergency reserve.
Planning tool
See the gap in your own numbers.
Nothing you enter is submitted or stored.
What does your emergency-fund gap look like?
Adjust the inputs to see how the gap changes as savings grow.
Illustrative planning tool — not an insurance quote
Your target reserve
$30,000
Current savings
$12,000
Your current emergency-fund gap
$18,000
Emergency Fund Gap Coverage would be designed around a portion of this gap, subject to eligibility, policy limits, carrier approval, and final product terms.
This tool does not calculate a premium, generate a quote, or confirm any coverage amount.
Illustration
A simple example
- Essential expenses
- $5,000 / month
- Reserve goal
- 6 months
- Emergency-fund target
- $30,000
- Current savings
- $12,000
- Unfunded reserve
- $18,000
The household has already built $12,000 of its $30,000 reserve. Reserwell would not insure the full $30,000 simply because that is the target. The product would instead be designed around a defined portion of the remaining $18,000 gap.
As the household continues saving, that gap contracts.
Example is illustrative only and does not represent approved policy terms, coverage, pricing, or eligibility.
Help shape a new category of household protection.
Reserwell is currently validating Emergency Fund Gap Coverage with insurance professionals, prospective customers, and industry partners. The initial market is intended to be Utah, subject to carrier participation and all applicable regulatory requirements.