You should review all of your insurance needs at least once a year. If you have a major life change, you should contact your insurance agent or company representative. The change in your life may have a significant impact on your insurance needs. Life changes may include:

- Marriage or divorce

- A child or grandchild who is born or adopted

- Significant changes in your health or that of your spouse/domestic partner

- Taking on the financial responsibility of an aging parent

- Purchasing a new home

- A loved one who requires long-term care

- Refinancing your home

- Coming into an inheritance

Article Source: Insurance Information Institute