Evaluate your life insurance status


Life’s Financial Journeys

Heading Off to College
Getting Out on Your Own
Blending Two Lives
Having a Child
Emptying the Nest
Entering Retirement
Divorce
Death of a Life Partner
Military Life


Life insurance can be a valuable source of funds to provide for immediate cash needs at the loss of a life partner. It can be used to pay off debts and as a source for paying expenses.

However, the need for life insurance is much different for a surviving spouse than it is for a couple.

The following resources may assist you in evaluating your life insurance status:

The Life Insurance Claims Process

Survivor’s Guide to Life Insurance and Annuity Claims

Who Needs Life Insurance?

Myths About Life Insurance

Explaining the Life Insurance Calculation

Life Insurance Needs Calculator


Death of a Life Partner Tasks

1. Taking stock of your financial situation
2. Identifying your sources of income
3. Revising your spending plan
4. Revising your estate plan and advance directives
5. Examining Medicare, Medicaid, and long-term care issues

Taking stock of your financial situation Subtasks

1. Take time to grieve
2. Locate important documents and financial records
3. Assess your monetary and investment assets
4. Evaluate your life insurance status

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