Reviewed your life insurance lately? You might be under-insured.

Your family’s financial game plan should be reviewed at least annually… and so should your life insurance. The first part of the year is a good time to think about your current insurance needs. Here are three questions to ensure your coverage matches your life situation:

• How much income do I provide my family?
  This past year you may have received a raise or got a new job with better pay. Your lifestyle may have changed since now you’re been able to spend more. You should make sure that your coverage protects any new financial obligations. Even if you are not the income-producing spouse, a life insurance policy will help cover the cost of  what you provide to the family, for example childcare, housekeeping expenses, etc.   

• What on-going payments will my family have to pay for if I’m deceased?
  Did you recently buy a new home or get a new car? If your current policy doesn’t provide coverage for big-ticket items that you have recently acquired, it might be time to increase your insurance to cover mortgage payments or car payments, in addition to your family’s daily living expenses and the expected funeral costs.

• Do I have enough coverage for my children’s education and my spouse’s retirement?
  Your coverage should be enough to allow all your children to be able to grow up with the opportunities you want them to have or allow your spouse to fulfill the retirement dreams you have made together.

Whether your family is growing or you are on the verge of retiring, you should review your life insurance needs whenever there is a change to your household. Once you are ready to update your coverage, you should seek the advice of a life insurance professional. The experts at Efinancial will take the time to understand your objectives, and then work with you to find the right insurance products for your specific situation.To get a Term Life Insurance Quote or Research how to Buy Life Insurance Online visit Efinancial.com

What will you do for your loved one this Valentine’s Day?

Valentine’s Day is traditionally celebrated as a lovers' holiday, complete with flowers, candy and romantic dinners. But have you thought about life insurance?

There’s a definite relationship between love and life insurance. As you picture the future you want your loved one to have, it’s important to plan in case the unexpected occurs.  Life insurance is a vital part of the life you are building together and could be one of the greatest gifts you give your loved one this Valentine’s Day.

Don’t think that life insurance is romantic? Findings from a recent survey released by the non-profit LIFE Foundation reveal that:

• About 55 % of Americans would feel loved this Valentine’s Day if their significant other purchased a life insurance policy naming them as the beneficiary. 
• 3 in 4 Americans would give up Valentine’s Day in exchange for greater financial peace of mind.
• 83 % believe that purchasing life insurance is a way to express their love for their family.

So this Valentine’s Day, give a gift that protects the one you care for and the good things in life that you share. Other gifts may be appreciated, but life insurance is a gift that expresses your love now and long into the future.

-- Have you protected your love with life insurance? We invite you to visit www.efinancial.com to find the perfect Valentine’s Day gift for the one you love.

To get a Term Life Insurance Quote or Research how to Buy Life Insurance Online visit Efinancial.com

5 health changes you can make this year...

... that also affect your life insurance rates

The beginning of the year often means that you’ve decided to make a few changes to your health habits. But did you know that these changes may sometimes affect the price you pay for protecting your loved ones? When you apply for life insurance, insurance companies may consider your health, daily living habits and other factors that affect your life expectancy. The more at risk you appear, the more you pay for a policy. Here’s a list of 5 things you can do for your health that can help you get the best life insurance rates possible.

1.      Get your high blood pressure under control.

Follow your doctor’s advice around habits like reducing your salt intake and reducing stress. Your premiums will likely be less than what you would pay if you let your high blood pressure go untreated.

2.      Lower your cholesterol.

As with high blood pressure, if you take steps to control your cholesterol, the better your chances of the insurance company giving you your best insurance rates. Bad cholesterol can be lowered by taking prescribed medications and with exercise and a low-fat, high-fiber diet.

3.      Quit smoking—for good.

Rates for tobacco users are significantly higher than rates for people who don’t use tobacco. Some life insurance companies will consider you a non-tobacco user one year after quitting. So the sooner you quit, the sooner you can get a life insurance policy without the tobacco user premium rates.

4.      Manage your weight.

Carrying a little extra baggage around your middle might mean that you pay a little bit more for your life insurance premiums. Life insurance companies give the best rates to people within the normal height-weight ratio, so if you were to lose those extra pounds, you could get a more affordable policy.

5.      Go to the doctor.

Having great health habits begins with being aware of your health. Visiting your doctor regularly is a sign that your are aware of and trying to stay in control of your health, which to an insurance company means that you are more likely to live a longer and healthier life.

So if you are taking measures to be in the best health possible, it is likely that a life insurance company will reward you by giving you the most affordable rate possible, which may make it easier for you to give your family the protection that they need. 

To get a Term Life Insurance Quote or Research how to Buy Life Insurance Online visit Efinancial.com