Monthly Archives: May 2025

When Should I Update My Life Insurance Coverage? Don’t Wait Until It’s Too Late. Life changes fast — and if your life insurance policy hasn’t changed with it, you could be putting your loved ones at serious risk. Too many people buy life insurance once and forget about it. But a set-it-and-forget-it approach doesn’t work when your family, finances, and responsibilities evolve. At Arthur Blake Insurance, we often get asked: “When should I update my life insurance coverage?” The answer? Sooner than you think — and definitely after any major life event. Life Changes. Your Coverage Should Too. Here are the moments that should trigger a policy review — no exceptions: You got married or divorced A change in marital status often means a change in financial responsibilities. Does your policy reflect that? You had a child (or more children) Growing your family is one of the biggest reasons to increase your coverage. Will your current policy support your children’s needs if you’re no longer here? You bought a home or took on new debt A mortgage is a major financial commitment. If you pass away unexpectedly, will your policy cover what your family still owes? Your income increased A... Read more