Experts Agree You Should Review Your Insurance Needs Every Year, Including Health Insurance.
Things change. It’s a given. Take a look around you, how much in your life is exactly the same as it was a year or more ago. Are you driving the same car? Living in the same house? Working at the same job? Has the size of your family remained the same?
Yet chances are your insurance policies, especially you health insurance policy if you have one, has probably remained the same. And experts agree this could be courting disaster. It is important to review your health insurance coverage every year, for the following reasons:
People buy insurance in the hope that they will never really need it. And sometimes it may feel like we are making insurance payments month after month, year after year with nothing to show for it. Yet chances are that for any insurance and especially health insurance you will use it at least once if not more over time. And when that time comes it would be a tragedy not to have the coverage that you need. The best way to avoid potential financial ruin is to simply take the time once a year to review all of your insurance policies.