Why you should review your life insurance coverage

30 Dec    Uncategorized

Life changes to consider when you have a life insurance review:

Changes in your financial responsibilities

New expenditures for educational expenses, family health care costs, or caring for an elderly parent or special needs child, might mean increasing your life insurance coverage.

An unexpected disability

If you are unable to work due to an injury or illness, your policy can include a waiver, for an additional cost, that will continue to pay your life insurance premiums.

New Debts

If you have a new mortgage, financed a new vehicle, or borrowed money for a new business you may want to consider increasing your policy coverage.

Changes in beneficiaries

Changes in your life, relationships, or family such as births, adoptions, marriages, divorces, and deaths are all reasons for a beneficiary review.

Our life insurance experts can customize polices according to your needs. They can advise you in selecting a life insurance company that has the flexibility to respond to your world and help you make policy changes. This will give you the peace of mind that your loved ones are covered when they need the coverage the most.

We recommend that you annually review your life insurance policies. Call today to schedule a no cost review at our offices, your office, your home, or via a Zoom meeting. Client relationships are most important to us; we will always be available to answer your questions and to help you with your life insurance needs.