Think about how different your first car was from the one you drive now. If you’re like most people, you start thinking about how outdated your first car was compared to what is in your driveway or the latest car on the market today. The car industry isn’t alone in all of the advances it has made.
The insurance industry has evolved also, and if you’re still driving your first policy around, you should take a deep look at what’s going on under the hood to ensure that everything is still working for you. After all, it’s much better to keep an eye on the service lights on the dash so you can make repairs rather than breaking down somewhere because you skipped some critical maintenance.
Taking your car to the mechanic for maintenance is like taking your life insurance policy to your financial advisor for assessment, and it’s important to know what exactly to look out for so you can keep an eye on the service lights of your financial vehicle. In this episode of Money Script Monday, Laurence provides four criteria to consider when evaluating the competence of your current life policy.
Resources Provided for This Episode
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