Like a regular health examination, a policy review may confirm that you are in good shape, and no change or additional coverage is needed.

However, you might find that an adjustment to your current life insurance plan might help you better meet your protection needs and help maintain your financial health!

That is why a careful annual review of your life insurance is necessary, especially when a major life event happens.

When is the right time for a policy review?

Many seemingly minor events in your life may warrant a re-evaluation of your life insurance coverage. Your
insurance professional can help you discover how changing life events may affect your policy’s ability to
reach your long-term goals. The following list of life changes and events can signal the need to complete a  
new policy review:

• Marriage or divorce
• Childbirth or adoption
• The purchase of a new home
• A new job or promotion
• Significant changes in your income
• An increase or reduction in your debt load
• Financial support of elderly parent
• Starting or owning a business
• Nearing retirement

If these or other notable changes have occurred since you purchased your policy or had your last policy review, how is probably the right time for a Life Check-up. Even without these sorts of changes, it’s important to conduct regular policy reviews.

Why do I need life insurance?

It's simple.  Life insurance is about protection.  It helps provide security for your loved ones when they need it most.  Protecting your family with life insurance can help ensure that they do not face the added burden of financial pressures, should the unexpected happen.  Think about yoru mortgage payments, car payments, credit card bills, daily living expenses, and utilities.  By providing income for your family in the event you are unable to do so, you are protecting the financial future of the people you love.

Life insurance can also be a valuable plannint tool that can easily be a part of an overall financial plan or stand-alone as a single source of protection.  Properly planning for your life insurance needs to day can provide a lifetime of financial security tomorrow.

Many U.S. families are not prepared for premature death. (1)

• 22% of families with dependent children admit they will have immediate trouble meeting everyday living expenses, and another 26% can cover expenses for only a a few months if a primary wage earner dies.
• 28% of wives and 15% of husbands have no life insurance at all.
• 10% of families with children under 18 (2.6 million households) have no life insurance protection.

Facts from LIMRA International for Life Insurance Awareness Month, September 2007.  All facts from LIMRA International's Life Insurance Ownership Study 2007.