Life insurance is for everyone.
Many wrongly assume that life insurance is only for older adults. However, these policies protect anyone at any age. In fact, purchasing life insurance earlier can lock in lower premiums. But even existing policyholders can be left behind if they aren’t updating their coverage regularly.
Luckily, All Nations Insurance in Renton, WA can help. We provide more than personalized life insurance policies. Our team can also ensure that these plans stay up-to-date to meet your needs.
Here are five key events that require a review of your life insurance coverage:
Walking down the aisle isn’t just a personal commitment. It’s a financial one. When a spouse does pass, bills and debt can be overwhelming. Life insurance shields your family from this burden.
Purchasing a home
Most families need two incomes to pay their mortgage payments. If your or a loved one happens to die unexpectedly, an insurance policy can help supplement these losses and keep your family in its home.
Having a child
Life insurance can’t make all the sleepless nights disappear. But it can help you rest a little easier. With this protection, your baby’s future will be safe and secure.
Starting a company
Keep your business in the family. An individualized life insurance policy also safeguards potential investors too. It’s a sign of stability and preparedness.
Life insurance is about reducing risk and replacing wages. As you near retirement, these are less important. With Social Security, pension, and other benefits kicking in, now may be the time to actually decrease your coverage.
Get Life Insurance Today
Your life insurance should change and grow with you. Stay current by routinely reviewing your policy with All Nations Insurance in Renton, WA. Schedule an appointment today.