4 Life Insurance Tips for Lower Premiums
Here’s how to make life insurance part of a strong financial future.
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1. Decide what your priorities are
Review your plans and set goals—things like having a family, owning a house, sending children to college, paying off debt and being able to enjoy retirement.
2. Calculate your life insurance needs
Consider immediate obligations and also the amount of future income necessary to sustain your household. If you’re not sure how much coverage you need, use our online calculator for an easy estimate.
3. Protect your assets
Life insurance proceeds that replace your income can help your family meet their financial obligations, including end-of-life expenses, existing debt and day-to-day living.
4. Have annual checkups
Coverage may need to change when financial goals and needs change. A life insurance specialist can help you make adjustments to avoid being underinsured or paying for coverage that may not be the best fit for your needs.