I met with a new client during her Annual Review and told me that she has $500,000 in life insurance that she got before she bought a house and had kids. While it was enough for her as a single woman, her needs and financial obligations had changed since then. My client’s story is common among many people that I meet – life insurance coverage that once was sufficient at one point may not be enough in a new season of their lives and reviewing their needs at least once a year is important to a solid financial plan.
I’m grateful for the opportunity to partner with MoneyGeek to talk about how to know if $500,000 (or any life insurance coverage for that matter) is enough. Check out the full article here:
https://www.moneygeek.com/insurance/life/rates/500-thousand/#expert=mahalene-dulay