Insurance Insights from Lexington on the Green

Why You Need to Review Your Insurance Coverage Regularly

The importance of reviewing and updating your insurance coverage cannot be overstated. As life changes, so do your insurance needs. Whether you've experienced a significant change in income, moved to a new home, or started a family, it's crucial to reassess your current policy to ensure you're adequately protected.

Regularly reviewing your insurance coverage can help you avoid costly mistakes and ensure that you have the right level of protection for yourself and your loved ones. Our team at Lexington on the Green is dedicated to helping you navigate the complex world of insurance, providing personalized guidance and recommendations tailored to your unique situation.

Understanding the Benefits of Whole Life Insurance

Whole life insurance is a type of permanent life insurance that provides lifetime coverage as long as premiums are paid. Unlike term life insurance, whole life insurance builds cash value over time, which can be borrowed against or used to pay premiums.

The benefits of whole life insurance extend beyond just providing financial protection for your loved ones in the event of your passing. It also offers a savings component that can help you achieve long-term financial goals, such as retirement or paying off debt.

Why You Should Consider Adding Umbrella Insurance to Your Policy

Umbrella insurance is often overlooked, but it's an essential addition to any comprehensive insurance plan. This type of coverage provides liability protection that exceeds the limits of your primary insurance policies.

In today's litigious society, it's more important than ever to have adequate liability coverage in place. With umbrella insurance, you can rest assured knowing that you're protected against unexpected events and lawsuits.