New Year, New

New Year, New Policy?


USBA Life Insurance Policies - runner at starting line

Are you a “new year, new me” kind of person? Do you compile the perfect list of resolutions? Maybe new positive habits are more your thing. However you approach the next trip around the sun, the new calendar year is a great time to review your life insurance policy to ensure it still fits your lifestyle.

Life insurance is not a “one-and-done” task. As your life progresses, your coverage needs change. Now is the time to look back at the past year and reflect on how recent changes could impact your life insurance needs. 

Eight Changes That May Impact Your Life Insurance Needs

An annual insurance review helps to provide reassurance that your coverage still protects everyone and everything you originally intended. We put together a list of eight common life changes that can impact your life insurance needs. 

  1. Birth or adoption of a child
  2. Marital status (marriage or divorce)
  3. Buying and/or selling a home
  4. Taking on financial responsibility for an aging parent
  5. Children going to or completing college 
  6. Beneficiary changes
  7. Changes in income
  8. Positive change in your health

Whether you have SGLI, VGLI, FEGLI, or a USBA group life insurance policy, reviewing this list can help determine whether it is time to update your coverage. 

Updating Your Policy

If you have questions or are ready to rethink your life insurance, contact a USBA Product Specialist at 877-297-9235 between 9:00 am – 4:00 pm Central time, Monday through Friday. You can find out if any of your recent life changes qualify you for new discounts or reduced rates—or if your existing coverage needs updating to meet your current needs. 

Uniformed Services Benefit Association (USBA) is a not-for-profit Association that provides group life insurance, health insurance supplements, and other products and services to military personnel, Federal employees, National Guard and Reserve members, Veterans and their families.

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