A lot can happen in one year, and some of those changes may influence your life insurance premium. For example, if you lose weight or quit smoking, your premium may go down. If you choose a plan that only renews once every few years, you may not be able to take advantage of reduced premiums.
An annual renewal option also gives you the opportunity to adjust your life insurance to fit your current finances. Perhaps another child was born and you need more insurance. You can’t always make these adjustments on the fly, so an annual renewal option is the next best thing.
View image | gettyimages.com Here's how to get your credit reports free. Your credit score…
Read these tips for bad credit and loans. Poor credit can limit your options when it…
View image | gettyimages.com Make sure you check your credit report for these 10 things.…
Here's how you can help after a natural disaster. When a natural disaster strikes, most…
Here's how to choose the best free hosting. When it comes to hosting your site,…
Choose the best bankruptcy lawyer with these tips. Filing for bankruptcy should be a last ditch…