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Smart Money Tip: Evaluate Life Insurance

If you earn an income and someone else depends on that steady stream of income to survive, then you should probably evaluate your life insurance. Because if you’re gone, your dependents will be left without that income source.

DO THIS TODAY: Evaluate your life insurance needs. Most people, after having kids, just need a simple, term life insurance policy rather than whole life or insurance that mixes investment products with insurance. If you have recently lost weight or stopped smoking, consider renewing your policy as life insurance rates can fluctuate depending on those details.