Think about some of life’s biggest moments.
When you purchase a new home, you update your home owners insurance. When you buy a new car, you will update your car insurance. When you start a new job, you must update your tax information. The same applies when life changes occur and it is time to review your life insurance policies.
Some big changes in your life may include having a baby, purchasing a home, or starting a new job. It is important to review your life insurance policy periodically even before these life changes occur.
When You Are Reviewing Your Life Insurance Coverage Consider the Following:
Is Your Family Growing?
You have recently had a baby or you are planning to have a baby, you will most likely need to make a few adjustments to your life insurance policy. If something were to unexpectedly happen to you, make sure that your family would be able to sustain their lifestyle.
Have You Had Changes in Your Health?
Maybe your health has significantly improved since you purchased your life insurance policy and you may be eligible for better rates. Some agents are willing to take another look at your overall insurability.
Did You Change Your Marital Status?
If you just got married, it is important to discuss this with your insurance agent. Likewise, if you experience a divorce, you may need to make some adjustments to your policy beneficiaries.
Or Maybe Bought a New House?
You just bought a new house, Congratulations! Now it is also time to think about how your family would continue to pay the mortgage if you were to unexpectedly pass away.
These are all BIG life changes that may have impacted your life insurance needs. Let us help make sure you and your loved one have the coverage you need. It’s time to review your policies!
Speak to a PFP | The Family Security Plan® Representative today.
Give us a call 855-818-0955
or schedule your own personal consultation.