Life Insurance and when to review it.

Times to Review Life Insurance

Your life insurance often needs to change as your life changes. That’s why you’ll want to schedule a life insurance review after a major life event. Life events that should trigger a review of life insurance include:

  • Getting married
  • Getting divorced
  • Buying a house
  • Having or adopting a baby
  • Accepting a new job
  • Receiving a substantial raise or promotion
  • Taking out a mortgage or other loan
  • Refinancing your home
  • Paying off your mortgage
  • Buying a business
  • Selling a business
  • Receiving an inheritance
  • Having a loved one require long-term care
  • Becoming disabled
  • Becoming an empty nester
  • Experiencing a death in the family
  • Retiring

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