5 moments when you should buy or update life insurance in Fords, NJ

Don’t ignore your life insurance policy.

Unfortunately, many don’t realize how important life insurance is until it’s too late. But even existing policyholders fail to keep their policies up to date. As life changes, so should your life insurance.

Five Star Insurance Agency recommends frequent review and revisions. Located in Fords, NJ, the agency shares five life events that demand immediate consultation to re-evaluate your life insurance needs.

Getting married

Wedding bells signal a major moment. But it’s also a huge financial commitment. If a spouse passes away unexpectedly, any bills and debt are still left behind. Life insurance helps a surviving partner, providing relief from this burden.

Owning a home

Purchasing a new house is an equally big endeavor. With life insurance, your family can supplement any mortgage payments if you pass. This ensures your home can remain with them.

Having a child

A newborn already leads to sleepless nights. Don’t let financial worries keep you up too. Life insurance shields your child’s future so they are cared for in the event you may pass.

Starting a business

Life insurance protects your work and may help your family assume control of a company after you’re gone. But, life insurance shields investors and other stakeholders too. Among other things, it grants peace of mind if you were to pass.


Life insurance is designed to replace the earned wages of a deceased partner. In retirement, this becomes less of a concern. With Social Security, pension, and other benefits, a decrease in life insurance may be warranted.

Five Star Insurance Agency can help

A "set it and forget it" approach to life insurance simply won’t suffice. Serving Fords, NJ, Five Star Insurance Agency can create a policy that best meets the needs of you and your family. Schedule an appointment today.