Taking a few minutes every year to make sure that your life insurance is current and adequate guarantees that your family or business is protected. It certainly is worth the time.
Pensacola, Florida (PRWEB) January 10, 2012
MEG Financial, an national independent online life and disability brokerage company, stresses the importance of life insurance policy reviews in overall financial planning. As a brand new year rolls around, there is not a better time to review financial goals to make sure everything is on track. A foundational part of any financial plan is life insurance and to neglect to review life insurance plans is a mistake.
MEG Financial founder and CEO, Michael Gray, Jr. states, "As we come into 2012, everyone should be thinking about where they are and where they want to be moving forward. Life insurance is something that most people have but their policies are collecting dust in file cabinets or the desk drawer. Over time our needs change and that is certainly true with respect to life insurance. Taking a few minutes every year to make sure that your life insurance is current and adequate guarantees that your family or business is protected. It certainly is worth the time."
Top Five Reasons to Review Your Life Insurance Policy:
1. Rates are coming down! Companies continue to reduce rates as the marketplace is ultimately competitive.
2. Needs change. Financial circumstances change over time and everyone should make sure that life insurance keeps pace with the changes.
3. Level term period is expiring or has expired. Most term life polices offer a fixed rate for a set period of time. Keep track of the level rate period and extend it if necessary.
4. Health changed. Lost weight or quit smoking?
5. Many people are simply overpaying!
Gray goes on to say, "Your life insurance portfolio is just as important to your financial health as an annual check-up with your doctor is to your medical health. Don’t be shortsighted and miss opportunities re-evaluate your needs, upgrade and extend your policies or improve your life insurance plan."
About MEG Financial
MEG Financial is a Florida based corporation that provides life insurance and financial services consulting to individuals and businesses in 50 states. We represent over 80 of the nation’s highest rated and most respected life and disability insurance companies. Our primary areas of expertise include term life insurance, universal life, disability income insurance, in-force policy review, insuring tough health issues, business insurance including business succession and key man life and disability insurance, as well as estate planning. MEG Financial also owns several other insurance related websites including Termland.com and KeyPersonInsurance.com.
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