These are the most important words regarding life insurance today.
Why? Because, for the past decade, life insurance costs have consistently declined.
Most people, with a life insurance policy more than 5 years old, should have it reviewed to learn if this is still the best policy for the situation.
Needs change, rates change: Your needs change with them!
In the “good old days”, you figured on life insurance costs going up each year as we got older. That simply is not the case anymore. In most cases, Life Insurance can be obtained at a lower cost now, when compared to policies written up to 5 years ago.
In coverage reviews, we often find clients who’ve purchased a 10-year Term policy and who are coming upon the 11th year. After the 10th year, prices may go up dramatically, and our clients either pay the new, higher cost or drop the protection altogether. Neither solution is a good one, as we can now address the cost.
So, all of you procrastinators, call us to have your life insurance reviewed, whether or not we provided it to you initially. We’ll advise you on what we believe to be your best options. Call Stan at 562-594-6541 x15 today!
Huggins Dreckman Insurance Insuring Your Success!