When was the last time you looked at your life insurance policy? Do you even know where it is?

People buy life insurance policies, tuck them away in a drawer and forget about them. They don’t realize that these documents should be reviewed often because life insurance needs change as personal or financial circumstances change.

Get a Life Insurance Check-Up

Once a year and whenever a big life event happens – such as a new job, marriage or baby – make sure to meet with your financial professional to discuss the following four things about your coverage:

1. Amount: How much do you need? How can you figure it out?
2. Life changes: Life events (childbirth, mortgage, divorce, job change, health issues) can impact the value, term or type of insurance you need.
3. Beneficiaries: Did you get married/divorced? Do you have a new business partner?
4. Term length: Is the term still appropriate, or do you have to extend it or convert to a different type of insurance?

Make sure you have the protection you need. Schedule a life insurance check-up with your licensed insurance agent.