Life Insurance: Major Reasons You Should Change Your Policy

There are some major signs you should take another look at your life insurance policy. You always want to check your life insurance policy on a regular basis to ensure that you still have the best deal.

If Your Dependents Have Changed

When you have a child, one of the first things you should do is change your life insurance policy. You may also need to change your life insurance policy if you lose a dependent, such as if a dependent turns 18 or if you go through a divorce.

Your Financial Situation Has Changed

Have you paid off your mortgage, or taken out a loan? Any time your financial situation changes substantially, it’s important for you to adjust your life insurance policy. Otherwise you may find yourself under or over insured for your current financial situation. 

Are you ready to look at your life insurance policy? Contact Tri-Star Insurance Professionals in Plano, Texas today to find out more. 

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