FRIDAY, JUNE 18, 2021
As the months and years tick by, a family’s financial needs are in a constant state of flux. Because of these evolving needs, it’s important to review your life insurance policy after major events to ensure that you maintain the right amount of coverage to protect your family.
But how do you know when it’s time to review your coverage? Here are ten reasons to take a look at your policy and discuss possible changes with your independent insurance agent.
-
Having or adopting a child
-
Getting married
-
Getting divorced
-
Buying a house
-
Starting a new job
-
Getting a promotion or significant pay raise
-
Taking out a loan
-
A child attending an expensive college
-
Children who are no longer financially dependent
-
A change in your health, positive or negative
All of these life events can influence your family’s coverage needs. For instance, having a baby may call for more coverage, while becoming an empty nester may allow you to reduce coverage. Let your independent agent be your partner in aligning your coverage with your current needs.
And remember, the need for more coverage doesn’t have to break the bank. Look into more affordable options, such as adding a term life insurance policy to your portfolio, which costs less than permanent life insurance.
Let us find you the best deal. Call Insurance Associates at 888-423-2488 for more information on Middleton life insurance.
No Comments
Post a Comment |
Required
|
|
Required (Not Displayed)
|
|
Required
|
All comments are moderated and stripped of HTML.
|
|
|
|
|
NOTICE: This and all content is developed from sources believed to be providing accurate information.
The information in this material is not intended to be used as tax or legal advice. Please consult with a tax and/or legal professional
for detailed information regarding your individual situation. Some of this material was developed and shared by Insurance Associates to provide information
that may be of interest. Insurance Associates is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm.
The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
|