Life insurance is a very personalized type of insurance. It needs to be tailored to your life, and it is not something that remains the same when you are 20 as when you are 40 or 60. It needs to grow with you as your life ebbs and flows. Having an insurance agent you trust and who has personal knowledge of your situation is important. Adams Insurance & Financial in Northwest Arkansas is just such an agency. Our experienced staff is ready to provide "out of the ordinary" customer service.
You change employers
It is often the case you get life insurance as part of a benefits package. When you change employers, you will need to take on the payment of that benefit yourself if you want to retain it. It may not be the best option for you.
You get married
When you get married, you should change the beneficiary on your life insurance policy. This is a very good time to make sure you have adequate coverage for your new spouse.
You have children
When you have children, you have a responsibility for more than 20 years into the future to provide for their needs. If you want to pay for college, this is also something to factor in the amount of life insurance you need to have,
When you retire, you need may totally change. If your children have all flown the coup, you may not need the amount of life insurance you have had over the years. A decreased income is also something that may determine your life insurance needs.
When you are ready to review your current life insurance coverage at Adams Insurance & Financial in Northwest Arkansas, we are ready to help you. Give us a call and let us help you to update your life insurance.