The addition of a family member is a joyous occasion. With new additions to the family, there’s so much to consider – from diapers to college savings. A pivotal part of life insurance is making sure that your beneficiaries are rightfully assigned. With various life changes, this designation may switch over time, or perhaps require additional coverage. That’s why it’s a good idea to schedule a yearly policy review with your agent at Strategies for Wealth. Our goal is to help you keep your financial well-being in check as your family grows. If you’re looking for a more affordable life insurance option based on your current wealth, a term life insurance policy is an option to consider. By speaking to a financial professional, you can assess whether term or whole life insurance would be a fit for you and your family. Protecting your loved ones for the future starts today.
If you’re currently prepping for the arrival of a newborn, check out this article from the Living Confidently blog that shares some useful tips on how to get ready.