10 Mar Quotes By Age
We give quotes by age for a reason. Age makes all the difference in Life Insurance. In fact , the month of your Birthday can make all the difference regarding premiums.
Our needs in life change as we age. To optimize your Life Insurance as you get older is a very smart thing to do.
Why you should examine your current situation
Throughout your life time you may have increased the size of your family, improved your income, bought a new house — significantly increased your personal and financial responsibilities. This could mean you don’t have the total protection you need. And you need to add to your coverage or get new coverage to protect your loved ones.
Downsizing your personal and financial needs is very common. and you may want to decrease your life insurance needs. But others , may need to increase their needs to protect their loved ones due to a layoff or a health scare that set them back. If you’ve changed jobs, had a child, or even if your retirement prospects have changed, it’s time to look at your life insurance policy. A growing family or changing economic environment mean that you may need more from your life insurance. We have always found that having your own individual life insurance policy is safer than just relying on a work related policy. As we saw in the great recession, companies that downsize or close, may pull your benefits quickly and abandon you.
Moreover, during the past few years, you may have become empty nesters, and may have found your true passion in life and may want to create something special as a lasting legacy and may want to provide a non for profit as your beneficiary .
So it is a good idea to re access your Life Insurance from time to time and increase your protection if necessary. In the next few articles, we will exam the years that life insurance needs change and we will help you to determine your needs so we can do “comparison shopping” with highly rated companies for your best rates based on your age and with your best interests in mind.
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