October 21, 2005, Newsletter Issue #3: When Should I Update My Insurance?

Tip of the Week

Once you`ve bought a health insurance plan don`t assume you`re all set for life. It`s always a good idea to evaluate your plan each year to make sure you`re getting the appropriate amount of coverage at the right price. In addition to a routine check up, there are a few big life events that should trigger a fresh look at your health plan.

So what life changes can affect your insurance? These include recently getting married or divorced, having or adopting a child, changing jobs or the death of your spouse. In such situations your health insurance coverage may expire, could need to be combined, or should be changed to include a new dependant.

Have a big life change coming your way? Call your insurance agent to discuss your options today.

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Jerry Mayo