More Families Are Reviewing Their Life Insurance Coverage
Some families purchased life insurance years ago and haven't reviewed their coverage since.
However, financial goals, retirement plans, healthcare concerns, and family responsibilities often change over time.
Today, many people are discovering that some modern life insurance policies may include Living Benefits — features that can potentially provide access to a portion of your death benefit during qualifying health events while the insured is still alive.
Questions worth reviewing include:
- Does your current policy still fit your financial goals?
- Have your retirement objectives changed?
- Are you considering healthcare and long-term care concerns?
A periodic review may help ensure your strategy still aligns with your current needs and future strategy.
Scott Storick, RFC®
Helping families throughout Boca Raton and South Florida explore retirement strategies and financial protection strategies.
Call: 561-862-8051
Website: Scott Storick Financial Services
Living benefits may be provided by riders, which are supplemental benefits that can be added to a life insurance policy and are not suitable unless you also have a need for life insurance. Riders are optional, may require additional premium and may not be available in all states or on all products. This is not a solicitation of any specific insurance policy.