Q: How Often Should I Review My Policy with Zander Insurance?
Zander Insurance generally recommends a review of your term life insurance policy every two to three years. This does not mean changing policies or companies unless there has been a change in your underwriting eligibility (le: quit smoking, improved health, lifestyle/avocation change, etc.). Zander Insurance suggests reviewing the ownership and beneficiary designations along with other policy features to assure that any changes that have occurred over the years have been addressed. Many people forget to add their new born children to a new policy or make changes to the primary and contingent beneficiary designations once the policy is in force. Be sure that the people you want to benefit from the policy proceeds are appropriately named and the policy reflects your most recent desires.