Is Your Life Insurance Coverage Still Right?

The end of the year is a time for reflection and reassessment. As the holiday season coincides with the open enrollment period, it's an ideal time to review your life insurance needs. Life is full of unexpected twists, and it's easy for insurance policies to become outdated. Your priorities and responsibilities might have shifted without you noticing.

Why Annual Reassessment is Essential

• Have you recently welcomed a child or grandchild? Your growing family means new financial responsibilities and protection needs.
• A new job, promotion, or retirement can significantly impact your coverage requirements. Make sure your policy aligns with your current financial situation.
• Changes in health, income, or long-term financial goals may alter what you need from your coverage.
• Updating your beneficiary designations or estate plans ensures that your policy reflects your current wishes and responsibilities.
• Taking on new financial obligations, like buying a home, should prompt a reevaluation of your coverage to protect your investment.
• Life changes such as getting married or divorced require adjustments to ensure adequate protection for the future.

Reviewing your life insurance coverage can provide peace of mind, assuring you that your policy still aligns with your life's circumstances. Before the year ends, take this proactive step. Schedule a quick, supportive coverage review to ensure your protection meets your needs.