Evaluate your insurance needs periodically
As your life changes, your insurance needs change, too. So every once in a while (annually, some experts suggest), review your insurance to see if you need more (or less) coverage or an additional type of coverage. Here are some times in your life when you'll definitely want to re-evaluate your insurance needs:

• You're getting married or divorced
• You're starting a family
• You're renting an apartment
• You're buying a house or a car, or making a major purchase
• Your child is going off to college
• You're starting a new job or becoming self-employed
• You're buying or selling a business
• Your income increases or decreases substantially
• You're taking care of an aging parent
• You're retiring

Make your insurance policies work for you by taking the time to periodically review your needs and coverages.