You should review your insurance needs at least once a year. If you have a major life change, you should contact your insurance agent or company representative. The change in your life may have a significant impact on your insurance needs. Life changes may include:
Marriage or divorce
A child or grandchild who is born or adopted
Significant changes in your health or that of your spouse/domestic partner
Taking on the financial responsibility of an aging parent
Purchasing a new home
Refinancing your home
Coming into an inheritance