July 30, 2018 | Category: Insurance
You may already know these things, but your children may not. Take advantage of your knowledge to urge your loved ones to reevaluate their life insurance policies with the help of the following checklist. Also, check to see whether some items might apply to you.
Taking the fullest advantage of your policy’s benefits requires adjustments from time to time due to the many changes that life brings us. Getting married, having a child and buying a home are big events that will make it necessary for you, as part of your financial planning, to review your policy. But those aren’t the only events. Consider evaluating your policy in any of the following situations:
With annual reviews, you can update and maintain life insurance coverage that will support your loved ones and allow them to achieve their goals and meet their financial obligations when you’re gone. When some major event occurs in your life make sure to sit down with your insurance expert and reexamine your policy. That way, you’ll be better prepared for whatever life brings.
The content of this material was prepared for informational, educational purposes and for independent consideration, it does not include or consider all factors that may be relevant to your financial needs, it should not be considered as a personalized recommendation or be seen, as a tip or as a suggestion to effect (or inhibit) any particular action.
The insurance products are not insured by the FDIC, nor by any other government agency, are not deposits or obligations of, nor are they guaranteed by Banco Popular, its subsidiaries and / or affiliates.
Banco Popular de Puerto Rico, its subsidiaries and affiliates do not offer tax, legal or accounting advice. If you would like to receive legal, tax or accounting advice, you should consult a professional specialized in these areas. Investment products and services are offered by Popular Securities LLC, registered broker dealer and member of FINRA and SIPC. Investment products are not insured by the FDIC, are not deposits or obligations, are not guaranteed by Banco Popular de Puerto Rico and may lose value. Insurance products and services are offered by Popular Risk Services an Insurance broker duly licensed by the Office of the Commissioner of Insurance of Puerto Rico. Popular and Banco Popular de Puerto Rico are not registered brokers. Insurance products are not FDIC insured, or other government agencies, are not deposits or obligations and are not guaranteed by the Bank or its subsidiaries or affiliates. Some insurance products may lose value. Popular Securities and Popular Risk Services are subsidiaries of Popular and affiliates of Banco Popular. Popular One is an integrated services platform through which Popular Securities and Popular Risk Services are offered.
Wealth Management services are generally available to clients who maintain deposits and/or investments of $500,000 or more at Popular.