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Life changes and so might your life insurance needs

We all go through different stages in life, and as we do, our needs may change. Our life insurance needs may also change. Whenever there are significant changes in your life such as a child being born or a child moving out of the house, you should review your need for life insurance.

In some cases, you may need to increase the amount of life insurance that you have, while in other cases, you may no longer need coverage and can stop paying premiums. Before you make any decision, you should consider the consequences of your actions.

If you buy a house with a 30-year mortgage, you may want to buy a term life policy that coincides with the payoff date of the home. That way, if something happens to you, your spouse and family will have the money needed to pay the mortgage and stay in the house.

Life insurance can be used to pay off debts, provide financial security for your beneficiaries, or even to give as a gift to your favorite charity. To get a quote, or for more information about life insurance in Idaho, please contact Access First Insurance in Eagle, Idaho.