Life insurance is not something that is one and done. It should change and grow or, in some cases, decrease as your life changes. Everyone has different life insurance needs. Today, tomorrow, and into the future, you need to review your life insurance from time to time to make sure it reflects your needs. If you have a trusted independent insurance agent like those at Keslar Insurance Agency in Newmarket, NH, it makes it much easier and stress-free to make sure your life insurance is right for where you are in life.
When you get your first full-time job, you will probably have a benefits package. Life insurance may be part of it. This is your chance to get off to a good start with your financial future. Look at that policy and think about what it should provide to your loved ones. Is it adequate to take care of any debt you have and your final expenses? Ask your HR department about the policy and whether it can be increased, or if you move on, can you continue to pay for it on your own? These are important questions.
Buying a policy on your own at this point is not a bad idea. It will always be with you no matter what job you move to. As a young, healthy person, your life insurance will never be less expensive.
Buying a home is another time to review your life insurance. Make sure you have enough to cover your mortgage.
The biggest event in most people’s life is when you get and decide to start a family. The responsibility level rises to new heights, and your life insurance needs to rise with it. Providing for a spouse and children for years requires a considerable amount of life insurance. Your independent agent can help you come up with the right figure for you and your family.
Contact Keslar Insurance Agency in Newmarket, NH for your life insurance needs.