Why An Insurance Checkup Is Important


Why An Insurance Checkup Is Important

Insurance is not one-size-fits-all, nor is it something you buy and forget about. As your life changes, so do your insurance needs. Let’s say you got a new job that adds many more miles to your commute daily; chances are you should adjust your auto policy for your protection. Or maybe you’re having a baby, meaning your health insurance needs will change. These life changes are why insurance checkups are so important. The insurance experts at First Entertainment Credit Union share this essential information on insurance checkups.

When You Should Do an Insurance Checkup

No matter what type of insurance you own today, your coverage needs will change over time. You don’t want to find yourself either underinsured or paying for coverage you no longer need. As part of your overall financial plan, it’s a wise idea to do an annual insurance checkup at the same time each year. As part of your review, think about any significant changes in your circumstances or life events that could impact your insurance needs, such as: 

  • Have you bought a new car, or do you have a new diver in the family?

  • Have you purchased a new home, or are you now renting?

  • Is your current life insurance policy sufficient to replace your earnings if you die?

  • Do you have health insurance through your employer, or do you need a policy?

  • Do you have adequate savings to cover long-term care costs for chronic illness or disability?

Let an Expert Help With Your Annual Review

Because insurance needs vary from person to person, it’s best to have an insurance expert help with your insurance review to ensure you go through an exhaustive list of life events that can impact your insurance needs. 

After your review, you will understand the following: 

  • What policies you currently have, and whether the coverage is still adequate

  • The types of policies you may need, including auto, homeowners or renters, personal liability, life, health, or long-term care insurance

  • Where you might be uninsured or underinsured, and the cost of additional coverage

  • What discounts you may be eligible for 

  • Whether you have any specific risks and how you can reduce them

  • What your deductibles are, and whether you should increase or decrease them

Let First Entertainment’s Insurance Experts Help You Today!

Let us conduct a free insurance review to see how we can provide you with the most protection at the best cost! Our skilled agents can assist you with coverage checks, insurance quotes, revamping current policies, and reviewing bundling options for deep discounts. Our subsidiary, Media Benefits Insurance Services* (MBIS), offers a variety of policies at prices you can afford. 

You can schedule an appointment for your free insurance review by contacting one of our agents directly, or you can schedule an appointment online. Our agents will be happy to meet with you in person or over the phone for 

Contact one of our agents:

Let us give you the peace of mind that the things that matter most are protected.

* Insurance services offered through Media Benefits Insurance Services CA Lic#0H99393, a DBA for Media Benefits Corp., which is a wholly-owned subsidiary of First Entertainment Credit Union.