Insurance
5 Ways To Reduce Your Insurance Expenses Now!
By The Astute Parent  •  February 25, 2021
It is important to review your insurance plans on an annual basis or at least when there's a key milestone in life like child birth, buy/sale of property and change of job. And if you feel you are over paying for your insurance plans, take note of these methods to reduce your insurance expenses today! I have recommended some of these methods when doing a portfolio review with private clients. Towards the end of the article, I'd give you bonus tips on what to note first BEFORE buying a plan

Method #1 Review the benefits of your term plans

Some of the older generation term plans are not competitive. While it is true that premiums are affected by age and you are older now, there are still many instances that a newer term plan can be cheaper. However, before switching plans, it is important to ensure that the benefits are comparable and that the terms and conditions affected by your health status is also comparable....
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By The Astute Parent
We have been sharing in-depth insurance plan reviews to our community since 2016. TheAstuteParent is now the BIGGEST online resource of financial planning guides. We are committed to upholding it that way.
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