How do you know if you need to update your life insurance policy?

| February 25, 2019

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No matter how you feel about tax season, it’s a great time to check off some money to-do’s while you are focused on your finances. There’s the usual stuff you might think about like beefing up your emergency fund and paying off any nagging debt. This is also a great time to check in on your life insurance policy and make any necessary updates. Tax season is a great reminder, sure, but there are other times in life when your life insurance might need a reboot, like getting married, buying a house or starting your own business. Marriage, divorce and family.Life events are the ideal time to make sure your life insurance policy still works for you. When you bought your life insurance policy life likely looked a little different than it does now. Your money situation might be improved or you might be entering a new relationship that brings more financial responsibilities. Here are some of the most common reasons to update your policy.

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Citizens Property Insurance Corporation

Citizens is a nonprofit, government insurance company that insures Florida home, business and condo owners who are unable to find private-market coverage.

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