As a life insurance policy holder, right now, before the holidays, is the perfect time to reflect on many of life's milestones that may have occurred during the past year.
Have you had any new additions in your life? Such as a spouse, or maybe even a new home?
If so, you should consider reviewing your life insurance policy in order to ensure your coverage continues to meet your needs and stays current.
Additional consideration and planning for your life insurance policy should be considered if you've experienced any of the following milestones in the past year:
- New Job: Coverage amounts vary greatly from employer to employer, and must be factored in to your personal policy.
- New Home or Refinancing: Owning your own home is such an exciting accomplishment and extra coverage may be necessary to help ensure that mortgage requirements continue to be met.
- Starting Your Own Business: If you leave your old job to start your own business, make sure you do not sustain a significant loss in coverage when you leave your employer's benefit plan. Review your policy and consider the ways life insurance can be a useful business tool.
- Children: As your family grows, be sure to update your beneficiary list.
- Marriage: Updating your beneficiary list to include your new spouse, as well as correcting your policy to reflect a name change, if applicable, are important aspects of your plan.
Whether you are new to life insurance, or are evaluating your life insurance policy, we are here to help you determine what life insurance coverage is right for you and your family.
If you would like to know more about affordable life insurance products and services, contact the Pettineo Insurance Agency at 954.493.9424 or visit our website, pettineo.com
Pettineo Insurance Agency Inc. provides life insurance in Fort Lauderdale, Lauderdale-By-The-Sea, North Lauderdale, Pompano Beach, Oakland Park, Boca Raton, Deerfield Beach, Hollywood, Sunrise, Coral Springs, Pembroke Pines, Sunrise, Tamarac, Plantation, Lighthouse Point and all of Florida.
