Some key life events are a bigger financial priority than others. Take, for example, a married couple who has their first child, or are hitting retirement. Both life events should trigger a close examination of your life insurance needs — and they’re certainly not the only life events that require an insurance “reset.” When you plan your long-term household insurance needs, make sure these key “life stages” are factored into the equation (marriage, divorce, children, opening a small business, retirement, “day one”). I need experts to comment on the above story points. What life events trigger specific life insurance needs and why? What questions should you be asking an insurance agent when big events occur?
What Life Events Require the Most Insurance Planning and Why?