Life Insurance for the New Year: Is Your Policy Keeping Up with You?
When you purchase life insurance in Columbia, SC, it might seem straightforward. However, as we enter the New Year, it’s an ideal time to review your policy. At Michael Taylor Agency, we can help determine if your current policy meets your needs.
Is Your Life Insurance Policy Sufficient?
Whether you bought life insurance last year or a decade ago, it’s worth reviewing. Does the policy provide enough coverage to cover financial obligations in the event of your or a loved one’s passing?
It’s possible to update your policy. Most people purchase a policy and then forget about it. Our goal is to ensure that doesn’t happen.
Questions to Consider
Here are a few questions to ask yourself about your existing life insurance policy:
- Would the policy cover not only funeral expenses but other debt?
- Does it have a cash value?
- Is the term long enough to last your entire life?
There are other questions to consider, too. It all depends on the type of policy you have, your health status, and your personal finances. Working with an experienced life insurance agent allows you to examine your policy and make any necessary changes carefully. It could mean the difference between full financial protection or not.
Start Reviewing Your Policy Today
Don’t discover the hard way that your life insurance policy is insufficient. At Michael Taylor Agency, our agents can review your policy, learn more about you, and make recommendations. We can also provide new quotes to ensure you get the best deal. Contact us today!