Important Life Events to Reassess Life Insurance Needs
- Marriage: You may want to increase coverage to protect a spouse.
- Children: Raising children involves high costs, so ensure coverage can replace income and cover educational expenses.
- Buying a Home: If you have a mortgage, life insurance can ensure that your family can keep the home in your absence.
- Retirement: If your financial obligations decrease, you may need less life insurance or wish to convert to a policy that aligns with retirement needs.
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