To ensure your life insurance remains active and effective:
- Make Regular Premium Payments: Missing payments can result in policy lapse. For term policies, this means losing coverage, and for permanent, it may impact cash value.
- Review Beneficiaries: Ensure beneficiaries are up-to-date, especially after life events like marriage or the birth of a child.
- Policy Checkups: Review your policy every 2-5 years to make sure it aligns with any changes in your financial situation or family needs.
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