If the truth be told, there isn’t a bad time to buy life insurance. But, some times are more obviously good than others. At EasTex Insurance in Tyler, TX, we will review your life insurance coverage and help you to determine if you have the right coverage for your needs. As independent insurance agents, we can offer more choices and better value.
When you change jobs
Chances are, you get life insurance as a part of your benefits package at work. While that is a great perk, it is not necessarily adequate for your life insurance needs. When you change your job, you need to determine if you will be able to take your life insurance with you to your new job. Even if you can, it may not be the best value for your money. It is the perfect opportunity to look at what you have and determine if it is enough.
When you get married
When you get married, you will probably be contacting your insurance carrier to make a change in beneficiary on your life insurance. This is the perfect time to discuss whether your coverage meets your current needs. If you have purchased a home, this does change your needs considerably.
When you have children
Children change everything. They are a long-term commitment and require a much larger amount of life insurance to make sure that they are taken care of if you are no longer there to provide for them. Determining how much the correct amount is can be difficult. It would be best if you considered your income, the age of the children, and how many years that support must last. This is different for each person.
Contact EasTex Insurance in Tyler, TX to get your life insurance reviewed and answer any questions you may have.