Your life insurance policy may have an expiration date, without your knowledge. When you make the decision to plan for you and your family’s future by taking out a life insurance policy, there are specific goals and needs you had at that moment. So, let’s say 10 or 15 years go by—does that policy still suit your lifestyle? Does your policy have a 100% guarantee? The answer to all of these questions is likely perhaps not.
This doesn’t mean you are out of luck. It just reinforces the importance of getting your life insurance policy reviewed.