Insurance Review
November 21, 2024
If you take pride in managing your retirement plans, it is likely you check on investments, balance, and the risk level of your portfolio. You make sure it keeps pace with your overall goals from year to year.
As the year winds down, it is also important to reevaluate the coverage and stipulations of your personal insurance policies. If you have owned a life insurance policy for any extended period of time, it’s a good idea to see if your coverage still satisfies your current needs.
Buying a house, starting a business, and having a considerable change to income could mean the original terms of a policy are no longer best suited for your potential needs. Similarly, insurance policies issued through an employer may offer extra coverage you have declined in the past. It may now be a good fit for new circumstances like the growth of your family size or a change in overall health.
It is easy to avoid the serious nature of discussing life or long-term care insurance. However, you should stay informed on all possible options. Be sure you know the amount and type of coverage that best fits your needs. This is a great way to build confidence in your plans leading up to – and through – retirement.
Our team shows you what your current policies could provide. We explain how this fits into your current needs. Contact us and take a step toward building knowledge and confidence in your financial planning.