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Chances are these people rely on your income.
Here are six key signs you may need better life insurance.
Also, here are three reasons to re-evaluate your life insurance once your net worth reaches $1 million.
Major Life Changes
Did you just get married?
Any of these major life changes could necessitate an increase in life insurance coverage.
Employer-Provided Insurance
Your employer may offer life insurance as a benefit.
Thats great; but relying solely on this policy can be risky.
Having an individual policy provides more stability and adequate coverage.
Inadequate Coverage
Our financial needs change over time, and often responsibilities increase.
You may have started out your life insurance journey with a policy that covers only the very basics.
You may find that this coverage simply isnt sufficient.
Reassessing and adjusting your policy to match your current financial situation is crucial, Anh Le said.
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