{"id":86,"date":"2025-12-31T04:00:00","date_gmt":"2025-12-31T10:00:00","guid":{"rendered":"https:\/\/www.washwick.com\/blog\/?p=86"},"modified":"2025-12-12T17:35:58","modified_gmt":"2025-12-12T23:35:58","slug":"when-should-you-update-your-life-insurance","status":"publish","type":"post","link":"https:\/\/www.washwick.com\/blog\/when-should-you-update-your-life-insurance\/","title":{"rendered":"When Should You Update Your Life Insurance?"},"content":{"rendered":"<p>Some people believe that buying life insurance in Bethlehem, NH, is a one-and-done deal. However, nothing could be further from the truth. When you purchase a life insurance policy, you should review it periodically. But when should you do this? The Washwick Agency can help you review your life insurance needs at appropriate times to stay current.<\/p>\n<h2>Events Requiring a Life Insurance Review<\/h2>\n<p>If you buy life insurance when you are young, your circumstances often change. Certain life events necessitate a review of your policies, beneficiaries and the payouts. Experts recommend reviewing your policies and beneficiaries at least once a year, yet many people do not. If you don&#8217;t perform an annual review, consider looking over your policies when one of these life events occurs:<\/p>\n<ul>\n<li>Getting married or divorced<\/li>\n<li>Having or adopting&nbsp;a child<\/li>\n<li>Buying a home<\/li>\n<li>Taking on significant debt<\/li>\n<li>Significant job or income changes<\/li>\n<li>Improvements or&nbsp;declines in health<\/li>\n<\/ul>\n<p>Less common events involve becoming a guardian or having a family member become financially dependent on you.<\/p>\n<h2>Why You Need to Review<\/h2>\n<p>Reviewing your life insurance policies accomplishes several tasks. Depending on the circumstances, you may need to change your beneficiaries. You also need to ensure that your coverage amount aligns with your financial obligations. You may want to adjust benefits upward or downward depending on your circumstances.<\/p>\n<p>Reviewing your coverage could also make you more aware of a better or less expensive policy through another insurance carrier. Your review may lead you to add another life insurance policy or possibly change to a different type. Older individuals often change to term policies to cover death expenses.<\/p>\n<p>Buying life insurance is easier than you think when you work with The Washwick Agency, serving Bethlehem, NH. Contact our office to review your life insurance options.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some people believe that buying life insurance in Bethlehem, NH, is a one-and-done deal. However, nothing could be further from the truth. When you purchase a life insurance policy, you should review it periodically. But when should you do this? The Washwick Agency can help you review your life insurance needs at appropriate times to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[21,25,30,28,13],"class_list":["post-86","post","type-post","status-publish","format-standard","hentry","category-life-insurance","tag-bethlehem","tag-insurance","tag-life","tag-nh","tag-the-washwick-agency"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"Some people believe that buying life insurance in Bethlehem, NH, is a one-and-done deal. However, nothing could be further from the truth. When you purchase a life insurance policy, you should review it periodically. But when should you do this? 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