Your emergency fund takes time to build.Your financial life doesn't wait.
Reserwell is developing Emergency Fund Gap Coverage — insurance designed to protect a portion of the gap between the emergency savings your household has today and the reserve you're working toward.
Currently in development • Initial launch intended for Utah, subject to regulatory and carrier requirements
Product lineup
Protect the surprise. Then protect the gap.
Reserwell is developing two products that work together. One is for a single surprise expense. The other is for the bigger gap that can open up when income stops.
Protect the surprise
Financial Shock Protection
A fixed cash benefit after a qualifying financial shock. Maximum of one benefit payment per policy year.
- $400 benefit
- $11.99 / month
- $1,200 benefit
- $32.99 / month
Protect the gap
Emergency Fund Gap Coverage
Designed for a bigger, longer problem: a severe income drop that leaves you short on essential bills while you are still building your emergency savings.
Both offerings remain in development. Benefits, pricing, eligibility, qualifying events, exclusions, and availability are subject to carrier approval and applicable regulatory requirements.
The gap
The vulnerable years between $0 and fully funded
Saving three to six months of expenses can take years. Until then, even careful households can be hurt by a big drop in income.
Insurance covers many specific risks. Savings cover most other things. The problem is the space in between.
Reserwell is designed to protect the gap — not your whole emergency fund.
How it works
Protection that changes as your savings change.
- 01
Find your savings gap
This is the difference between the savings you have now and your emergency savings goal.
- 02
Verify eligibility
We would check your work history, household income, and savings.
- 03
Coverage begins
Coverage must be in place for 90 days before an income loss can qualify.
- 04
A big income loss happens
To qualify, your household’s income from work must drop by 60% or more.
- 05
Measure the real gap
After a 30-day waiting period, we would compare your essential bills with the income you still have. Other income or benefits may reduce the amount paid.
- 06
Benefits adjust as the household recovers
Your income and gap would be checked again each month. Benefits go down or stop as income comes back or a limit is reached.
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. This is a planning illustration only.
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.
What activates coverage
Designed for a severe loss of household income.
Emergency Fund Gap Coverage is not meant to pay for surprise bills. Under the current proposed design, your household’s income from work must drop by 60% or more. That drop must leave a gap between your essential expenses and the income you still have.
Designed for
A drop of 60% or more in household income from work that leaves you short on essential bills. This is subject to final carrier, actuarial, and regulatory approval.
Example household income from work, by month
Not designed for
These would not qualify on their own:
- Roof replacement
- Car repairs
- HVAC replacement
- Medical bills
- Home maintenance
- Vacations
- Discretionary spending
- Ordinary fluctuations in monthly expenses
Everyday surprise bills do not qualify on their own.
The 60% level is part of the current proposed design and is still being tested. Final rules depend on carrier, actuarial, legal, and regulatory review.
How it differs
A different financial problem deserves a different design.
Emergency Fund Gap Coverage is being designed to work alongside disability insurance, unemployment benefits, and other protection — not replace them.
Disability insurance
Usually replaces income when illness or injury keeps someone from working.
Unemployment benefits
Generally provide government benefits after a qualifying job loss.
Emergency Fund Gap Coverage
Being designed to help with a severe drop in household income while the household is still building its emergency savings.
The key question is not just “Why did your income stop?” It is also “How much do you still need for essential bills after counting your income, savings, and other benefits?”
Savings progression
Success means eventually leaving Reserwell.
Stage 1
$8,000
- Gap
- Large
- Protection need
- Higher
Stage 2
$15,000
- Gap
- Smaller
- Protection need
- Declining
Stage 3
$23,000
- Gap
- Small
- Protection need
- Limited
Stage 4
$30,000
- Gap
- $0
- Protection need
- Fully funded
Keep the resilience. Graduate from the coverage.
Most insurance is built to renew year after year. Reserwell is being built differently. The goal is to help protect the years while a household saves enough to cover emergencies on its own. Timelines vary and are not guaranteed.
Why Reserwell
Insurance that respects the work you're already doing.
Built around real savings
Coverage starts with the savings you already have. It does not ignore them.
Designed to shrink
As your savings grow, your gap should get smaller.
Focused on essential need
It is meant to help with essential bills, not extra spending.
Built for responsible households
Reserwell is designed to work alongside steady saving and your other insurance — not replace them.
Illustration
A simple example
- Essential expenses
- $5,000 / month
- Savings goal
- 6 months
- Emergency-fund target
- $30,000
- Current savings
- $12,000
- Savings gap
- $18,000
This household has saved $12,000 of its $30,000 goal. Reserwell would not cover the full goal. If a qualifying income loss happened, benefits would be based on the gap between essential bills and the income still coming in — not just the savings gap.
As the household keeps saving, that gap gets smaller.
This example is for illustration only. It does not show approved policy terms, coverage, pricing, or eligibility.
Help shape a new category of household protection.
Reserwell is still testing Financial Shock Protection and Emergency Fund Gap Coverage. Join Early Access to follow our progress and tell us which one interests you most. We plan to start in Utah, if a carrier takes part and all required regulatory approvals are met.