Life Stages That Impact Your 人寿保险 Needs

Did you know that your life insurance needs vary as your life changes? Most people understand that having life insurance is part of a responsible financial plan, but they are not aware that their needs will continue changing. Once you have found a plan that meets your needs and gives you peace of mind, it is important to reevaluate it occasionally as your life insurance needs fluctuate throughout different life stages.

Consider the following five different life stages and how they can impact your life insurance needs.

1. 婚姻

Getting married is a positive and exciting life event for any couple, 但在所有的派对计划中, most couples do not stop to think about how marriage could affect their life insurance needs. 结婚意味着你们现在是一个整体, and your financial obligation becomes a joint effort. 婚姻 does not directly affect your life insurance rates, 但现在你有配偶了, 你们可以选择一起购买保险. Having a joint policy means that if one of you passes on, the surviving spouse is financially stable and can maintain their current living standard. The surviving spouse is also in a position to use the death benefits to supplement retirement or a child's education down the road.

2. 成为父母

Becoming a parent is an equally amazing and terrifying experience. One moment you are an independent adult, and the next, you have a child who entirely depends on you. It is vital for you and your spouse to review your life insurance policy because it is no longer just the two of you—you now have at least one financial dependent. It is time to think about how your family would cope financially if something happened to either you or your spouse.

当你有孩子的时候, there are other factors that are important to consider, such as the fact that kids can be expensive to raise. Also, child-rearing expenses tend to increase with age. You should also keep in mind that college education is expensive. 作为家长, you should ask yourself whether your partner can handle these child-related expenses if you are suddenly not there.

3. 抵押贷款保护

Your family home might be your most significant asset, but it is also one of the most substantial financial responsibilities. 对于大多数家庭来说, mortgage repayments constitute their largest regular expense, and it is for this reason that most people take life insurance policies. Life insurance can be an essential lifeline for the family, especially when the primary earner in the family passes away.

4. 经营企业

如果你是个体户或经营小生意, the chances are high that you have made a substantial investment in it. 如果你最近做过投资, 比如买一栋新楼, 这可能会改变你公司的价值. 如果发生这种情况, insurance limits are raised so that they can cover business debts that your family might be liable for if you passed on. 然而, 如果你没有人寿保险, they might be forced to liquidate some assets to pay off the debt.

5. 离婚

如果你和你的配偶决定离婚, it is crucial that you determine what happens to your life insurance policy. 离婚 will raise two kinds of issues: beneficiary and coverage issues. If you did not have children during your marriage, the issue is as simple as just changing the beneficiary and adjusting your coverage to reflect your newly single status. If you have children, you simply change the beneficiary from your spouse to the children.

Most people are not aware of how their life insurance needs change as their lives change. It is essential that you adjust your policy depending on the stage of life you are in.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. 请咨询法律或税务 professionals for specific information regarding your individual situation. This material was developed and produced by 消费品套件 to provide information on a topic that may be of interest. 消费品, 有限责任公司, 不隶属于指定的经纪自营商, 在州或证券交易委员会注册 投资咨询公司. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. 版权 消费品套件.