Insurance isn’t something you should sign up for, pay monthly or quarterly, and forget about. Your life changes, and as it does, your insurance should change with it to ensure you’re always getting the best coverage for your needs. KC Wilson Insurance & Financial Services offers this guide in navigating this important coverage.
Here are four critical times you should update your life insurance policy in San Jose, CA.
Life Insurance Coverage: When To Update
1. Get Married
Like most people, you probably don’t think too much about life insurance when you’re single. But once you get married, it’s essential to have a policy in place. If something happens to you, the money can help your spouse cover funeral costs, pay off debts, and maintain their standard of living.
2. Have Children
Adding a child to your family is an enormous responsibility, and it’s also an excellent time to update your life insurance policy. If something happens to you, the money can help your spouse cover child care costs, pay for education, and maintain their standard of living. Your KC Wilson Insurance & Financial Services agent can help you choose the right policy for your family.
3. Buy a House
If you’re a homeowner, having enough life insurance to cover your mortgage is essential. If something happens to you, your family won’t have to worry about losing their home. Homeownership is expensive. With the right amount of coverage, you can also ensure that your family can afford things like home repairs, renovations, or even a move to a new house.
Give Us A Call
If you haven’t updated your life insurance policy, now is the time to do it. Make an appointment with KC Wilson Insurance & Financial Services in San Jose, CA today. We’ll help you choose the right policy for your needs and budget.
Don’t wait—update your life insurance policy today!