MEG Financial Strongly Recommends Annual Life Insurance Policy Reviews as a Mandatory Part of Sound Financial Planning
PR Web |
MEG Financial, an national independent online life and disability brokerage company, stresses the importance of life insurance policy reviews in overall financial planning. As a brand new year rolls around, there is not a better time to review financial goals to make sure everything is on track. A foundational part of any financial plan is life insurance and to neglect to review life insurance plans is a mistake.
MEG Financial founder and CEO,
Top Five Reasons to Review Your Life Insurance Policy:
1. Rates are coming down! Companies continue to reduce rates as the marketplace is ultimately competitive.
2. Needs change. Financial circumstances change over time and everyone should make sure that life insurance keeps pace with the changes.
3. Level term period is expiring or has expired. Most term life polices offer a fixed rate for a set period of time. Keep track of the level rate period and extend it if necessary.
4. Health changed. Lost weight or quit smoking?
5. Many people are simply overpaying!
Gray goes on to say, "Your life insurance portfolio is just as important to your financial health as an annual check-up with your doctor is to your medical health. Don’t be shortsighted and miss opportunities re-evaluate your needs, upgrade and extend your policies or improve your life insurance plan."
About MEG Financial
MEG Financial is a
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