3. Reassess Your Insurance Needs
Big life events—getting married, having kids, buying a house—can be trigger points for examining whether your insurance needs are being appropriately met. If you have dependents, securing life insurance now will help them maintain financial security in the future if anything should happen to you.
To further protect yourself and those you love, you should also consider both short- and long-term disability insurance in the event that an injury or illness ever prevents you from earning an income, adds Taylor. Start by looking into group policies available through your employer. Otherwise, you can shop around for the best life and disability rates with different insurance carriers or work with a broker you trust. Just keep in mind that they’re usually earning a commission.