Tip 9/10

 

 

Life insurance: do you require more than your plan provides?

 

Remember to pay attention - there is a simple multiple choice quiz at the end!

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HINT: you'll need to know these career strategies and tips to select the right answer.

Could you save more money comparison shopping your life insurance?  Life insurance can be another costly item in most families household budget, so if any member of the household has access to a company sponsored life insurance plan it is worth the time to review it carefully.  There may be areas that require topping up with private insurance, or areas that are not covered or capped.  Some companies offer cash or other incentives to opt out of certain health benefits like life insurance.  You can also compare private life insurance quotes online to see if its financially worth opting out - this will depend on your age, health and smoking status.  It is worth taking a few moments to compare life insurance quotes online.

Life insurance should also be a consideration when quitting a job, as pre-existing medical or health conditions may make it more difficult to re-qualify for life insurance at your new employer.

 

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