Life insurance is one of the most important types of insurance. It helps to protect your loved ones if anything happens to you. Your need for life insurance changes over your lifetime, and it needs to be reviewed occasionally to ensure your coverage is adequate for your needs. At Homeowners Insurance Group in Scottsdale, AZ, our team of independent insurance agents has the expertise to help you make the life insurance decisions that will provide for your loved ones.

When you change employment

If you are lucky enough to have life insurance as part of your benefits package, you may think it’s all the life insurance you need. That could be a risky assumption. If you change jobs, you may lose your coverage. Even if you get the option to retain the coverage yourself, it might not be the right amount or the best-priced option for you.

When you get married

Even if your spouse isn’t entirely dependent on your income, acquiring a mortgage may require both your incomes to maintain the home, pay bills, and save for retirement. As such, it’s crucial to be able to provide the portion of your pay needed to keep and maintain your home.

When you have children

Having children profoundly changes your life insurance needs. If one parent passes away, the care and expense burden falls on the surviving one. Ensuring your family home doesn’t need to be sold and your children can remain in their home is essential. You might also consider providing for their future education, which means revisiting and possibly adjusting your coverage.

Contact Homeowners Insurance Group in Scottsdale, AZ for your life insurance needs and if you need a review of your coverage.