Broker Check

5 Questions To See If Your Life Insurance Policy Needs a Second Look

Many people don't realize that their life insurance policies should be reviewed every year. At Coble Cravens Investments and Insurance, we aim to do this for our clients annually. We also offer this review as a free consultation for policies issued by other companies. 

  1. Are you really covered?
    Nearly half of all Americans have "insufficient life insurance coverage to address the financial needs of their family upon their demise".* We can help you verify that your family has adequate coverage to replace income and meet other financial obligations.

  2. Is Your Death Benefit Enough?
    Are you earning more today than you did when you first purchased your policies or have inflation/lifestyle changes have increased your cost of living?
  3. Have your Beneficiaries changed?
    Divorce, marriage, and childbirth can all affect how life insurance policies should be set up.

  4. Are You Overpaying?
    Lifestyle improvements, medical breakthroughs and increased life expectancy mean some new policies have lower expenses than existing policies.

  5. Can Your Insurance Company Still Keep Its Promises?
    Instability in financial markets has the potential to impact the companies that underwrite life insurance policies. We can verify that your provider is still in a strong financial position to meet its obligations, including the eventual payout of your policy.

Schedule a quick 30 minute review to find out if you are getting the right coverage.