Review Your Life Insurance Needs

Once a year, you should review your life insurance needs to determine if you have enough life insurance, if you should buy more, or if you have too much. Remember, life insurance is there for those you leave behind. As your family grows and your family needs change, so do their need for life insurance.

Your life insurance should be sufficient to help them pay for funeral expenses, replace your income, and fund family goals such as paying off a mortgage, funding children's education, and providing for your spouse's retirement.