Most people have at least one life insurance policy even if it is only one administered by their employer. Life insurance provides valuable protection and offers benefits as well depending on the type of policy you have. Over time things change in your life and when your life changes your need for life insurance also changes. At D&B Insurance Solutions in Dallas, TX, our experienced agents are here to help you make sure your coverage stays up to date with your needs.
In today’s job market, you may not stay with one employer very long. If you are getting your life insurance as a benefit of your employment, every time you change employers your policy will also change. That means coverage may be different and it may have a grace period. If this is the way you will be living for the foreseeable future, buying a life insurance policy of your own is probably a good idea. It gives you control over the type and amount of life insurance coverage you have.
Once you have taken the next step in your life and gotten married, it is time to reevaluate your life insurance coverage. You may want to change the beneficiary on your life insurance at this time so it a good opportunity to discuss your coverage with your local independent agent.
When children enter the picture you should take a good look at how long you will need to provide for them and the amount of life insurance required. Something between seven and ten years of income is usually suggested. The amount that actually represents depends on your annual income.
If it is time for you to review your life insurance in Dallas, TX, D&B Insurance Solutions has an experienced team of agents who will be happy to discuss your life insurance needs with you.