If you have a partner/spouse, child, or elderly parent dependent on your income, you have a need for life insurance. The question: “Am I keeping up with the need?” If you are not checking your need versus your coverage on a regular basis, you may be putting your loved ones in a precarious situation.
Welcoming a new child to the family or purchasing a new house are primary examples of life events that should automatically trigger a review of your existing life insurance. If it has been a few years since you have reviewed your coverage, asking the following questions will provide a good starting point for evaluating life insurance needs.
