If you have not examined your life insurance policies, disability policies or other insurance policies lately, they may no longer meet your needs. Your financial circumstances may have changed – perhaps you are making more money, you have children, the children have grown, you are nearing retirement or you have more financial obligations. You need to assess your insurance needs in terms of a broader approach called “risk management.” Insurance should be used to cover risks to your person, your property and to your assets that you cannot otherwise avoid or reduce.
