Refinancing Your Life Insurance Policy
Have you ever thought about refinancing your life insurance policy? Your coverage is something that should always be changing whenever your life changes. There is a time to refinance and a time not to avoid doing it, so make sure you research. The following are some situations that might be helpful in order for you to refinance your policy. You always want to make sure that this is happening at the best moment. Some people have made refinancing mistakes that have harmed their life insurance. Use the following tips and make sure that it does not happen to you or your finances.
When Did You Buy it?
If you bought your policy a long while ago, then you need to see if your financial situation has changed. You might have more debt, or more assets that need to be covered. This is why it would be helpful to try again with a plan and see if things can be covered differently. You also might have a larger family, therefore you will need to have them all covered. Do not settle for the old coverage if your family is not completely protected. This is the whole reason that you get a plan in the first place. Your family comes first.
Have Your Risks Changed?
You might have had high blood pressure at the time you signed up. Now, if your blood pressure is lowered, you could work this to your advantage. Anytime your situation improves you should try and get some benefit from that. You might not want to refinance your policy if your risks have worsened though. This means that you will be stuck paying more on your coverage, and you might not be able to afford it. Only do this when your situation improves, because that can help you.
Be Truthful to Yourself and the Provider
In the end you should not refinance your plan just to do so. You need to make sure that it is something that is going to result in better payments. This is why you need to be truthful enough with yourself to know when the time might not be right. You also need to be truthful with your provider, because they are the ones who will set the payments. If you lie to them then that could result in worse payments then you thought. Also, lying about a plan could become a legal issue that you might not want to face.
Additional Resources:
We Have Decades of Experience In Digital Asset Acquisitions
Budgeting
Brand Protection
Strategy
Appraisals
Acquisition
Transfer & Registration
Market Research
Contract Negotiation
WHY WE’RE TRUSTED
We’ve Done Half a BILLION Dollars of Domain Deals
Domain Transactions
1,000sDomain Name Sales
$550M+Years of Experience
15+WHAT PEOPLE SAY
Real Success, Real Clients
"When starting a company, the Saw.com broker service team are some of the first people I call. A memorable name, and the domain and social handles behind it, creates a huge amount of brand equity right out the gate — no matter how big or how small your company is. From diapers.com to jet.com (and many more to come!) the Saw.com domain broker team has helped my companies be seen."
MARC LORE
Serial Entrepreneur
"We have worked with Saw.com since their inception and would not work with anyone else. They help us in all facets of business - from sales and transfers to renewals, SSL issues and any other matters that may arise. You will not find a better, more trustworthy business that has maximized our profits."
FUTURE MEDIA ARCHITECTS
WHY CHOOSE US?
Nobody Does Domain Deals Better
Deep Experience
Our team is full of domain experts and our CEO, Jeffrey Gabriel, has contributed to $550m in domain transactions including blockbuster sales like the record-breaking $13m for Sex.com.
Intimate Service
We only work with individuals and corporations who we feel can gain the most impact from our services. We're not a high-volume shop, so you never become "a number on the spreadsheet".
Secure Marketplace
Saw.com's global marketplace brings buyers and sellers together for seamless domain transactions. We have more domain data than any other platform, with 250,000+ names listed for sale.
Quality Brokers
Work with our brokers - the brightest minds in the business and stone-cold killers when it comes to buying and selling domains. We speak English, Spanish, Chinese, Russian, and more.
Ready To Give Your Brand a Boost?
Acquire the best domain for your business with Saw.com, one of the world’s leading brokerage firms.
How to Find a Missing Life Insurance Policy
What is a Change of Beneficiary Clause and When do You Need it?
Why All Parents Should be Insured
Life Insurance: How It Will Work for You