Because your insurance needs will be constantly changing, you should be aware of times you should consider reevaluation of your insurance plan. You may need to reevaluate your insurance plan at turning points in your life such as marriage or remarriage, divorce, birth of a child, death of a dependent or disability of a dependent. If your economic situation drastically changes due to job change, purchase of a home, or retirement, you may want to reevaluate your insurance plan. You may decide to reduce your life insurance as your children grow up and no longer rely on you to support them. Consult an insurance agent in your area for more information about when you should reevaluate your insurance plan.
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