Do You Have Adequate Insurance Coverage for Life Changes?

MyTPG Blog
Published: 10/29/21 5:00 AM

Title image for Do You Have Adequate Insurance Coverage for Life Changes? showing a beautiful wooden walkway in the middle of a green, lush forest.

Do You Have Adequate Insurance Coverage for Life Changes?

This article was published on: 10/29/21 5:00 AM




As we get older and reach various landmarks in our lives, our insurance needs continually change. So, it’s imperative that you make sure you have adequate insurance coverage for life changes. So, make sure you always have adequate coverage. To do so, make sure to call your agent or broker regarding any of the following life changes:

New dependents

  • Having or taking on kids is not just a big life adjustment,  it’s also a significant financial commitment. So, it’s important to have the appropriate plan to safeguard your youngster’s future. Be sure and add your children as a beneficiary on any type of life insurance policies, and also see to it your insurance coverage is sufficient.

Retirement

  • When you retire you should contact your broker to see if your auto insurance needs to be adjusted based on the fact that you’re driving less.
Title image for Do You Have Adequate Insurance Coverage for Life Changes? showing a newly-married couple still in their wedding clothes, sitting on a bench, hugging and admiring the garden view before them.

New home ownership

  • Purchasing a brand-new home is a large financial investment—one that you will certainly need to safeguard. During the home purchase process you’ll need to reach out to your agent to get a policy to protect your home against  fire, weather damage, burglary, vandalism and also unintentional damages.

Home renovations

  • Once you have a home, you might  make occasional updates to it. Make certain to report any significant home updates to your insurance provider to safeguard your investment.

Teenage drivers

  • Before you know it, your children reach driving age and get their permits. When this happens, be sure and let your agent know that you need to add them to your policy.

Marriage

  • Getting married can bring a lot of changes to your life. These changes can afford you discounts on some of your policies. If you’re buying a new house together or joining 2 households it’s a good time to call your agent. Be sure to let them know of the changes.

Adequate insurance coverage is crucial for virtually every phase of life. Looking for protection ought to be a procedure you are actively involved in. People should not assume their insurance needs stay constant.

Title image for Do You Have Adequate Insurance Coverage for Life Changes? showing a newly-married couple in their wedding clothes forming a heart with their hands.

Think about consulting with TPG Insurance Services today at 909.466.7876 to better comprehend your insurance coverage and also how future changes will impact you. We understand there are many ‘stumbling stones’ on the road of life. We would like to be there as your safety net if you fall. Discover how you can continue building a safe future by reading about our Homeowners Insurance and our Term Life Insurance now!