(Photo of AAA East Central Logo Provided with Release Courtesy of AAA East Central)

Noah Haswell, Beaver County Radio News

(Pittsburgh, PA) September is Life Insurance Awareness Month, and AAA is providing tips for you to protect yourself and your family for the future. According to Mark Benn, a life insurance sales manager from AAA East Central, “AAA recommends reevaluating your life insurance policy annually. You want to check the amount of coverage, who is covered, and what type of policy is best. By answering these questions, you can properly evaluate all options.” According to a release from AAA East Central, some tips that AAA recommends for assessing the needs of life insurance can be found below:

Other Tips for Assessing Life Insurance Needs

Check work coverage. If an employer offers life insurance, more is often needed to guarantee adequate coverage. Typically, employers provide the minimum amount of coverage – usually one or two times the employee’s yearly salary – while many people use seven times their annual salary as a starting point. Additionally, when changing jobs, employer-provided life insurance does not transfer. One option is an individual policy through a third party so job changes do not impact coverage.

Keep details updated. Make sure personal data like address and contact information are up to date. That way, a life insurance provider can easily notify policyholders of any changes to accounts.

Take the time for what matters most. With a little extra effort, families can be protected with ample life insurance coverage. By taking time to examine policies, consumers can be confident they know how much coverage they should have to safeguard those most important to them.