Life insurance comes in many forms, but all have an expiration date. Do you know a friend, co-worker, or family member who has said ” I got a letter from my life insurance company and they’re doubling my payment!”. Maybe a larger amount was just deducted from your bank account for that insurance. This is a policy that needs to be rescued!
Depending on the type of policy you have there could be some options for you. Generally speaking in most cases it’s too late. The good news is that incidents like this one can be avoided. Understand that life insurance is a financial product that you should review with a qualified advisor. Corrections and adjustments can be made before a crisis occurs. Having a full understanding of your position will allow you to plan changes for the future.
Here at Keystone, we are those qualified advisors. Call us so we can review and access your policies from any company. We promise to position you where your policy won’t expire before it’s too late!