Sometimes we just dont have budget to cover the whole family , so we just have to choose between
Parents or childrens?
Medical more or income protection more?
Term or wholelife?
Usually as an agent i would suggest my client to balance everything up , If you want to cover the whole family maybe you can put more comprehensive plan for parents since they are the bread winner (the source of income) , and for your children maybe you can consider for term since the plan is cheaper and the plan can cover them up until they have the capability to take up their own policy.However the situation can be relatively different to different family. It depends on the need and the problem of the family and the solution must be able to fill the need and solve the problem according to the financial capability.