You should review your insurance plan at least once a year.
Life happens. Things change. And your insurance needs to reflect those changes.
Major life changes such as getting married or divorced, having children, starting a new job, changing employers, buying a new home, starting a business, any significant changes in income, etc., should prompt a thorough evaluation of your insurance strategy.
Additionally, changes in your health, such as a new medical diagnosis or a significant improvement in your overall well-being, may also require adjustments to your coverage.
Regularly reviewing your insurance ensures that your policies adequately reflect your current circumstances and provide appropriate protection for your assets, health, and loved ones.
Does the thought of reviewing your insurance turn your stomach? Work with an advisor at Izzio Financial Solutions Inc.
Connect with your advisor annually to share what’s new in your life and they can share their thoughts or concerns about your current insurance coverage and recommend any necessary updates.
