How to Add Your New Child To Your Life Insurance Policy

Congratulations on your new baby! Perhaps you’ve decided to adopt or foster an older child, or you’ve married someone with kids, and now you have a stepchild. Whatever the case, it’s a joyous occasion! Now, it’s time to add this new member to your life insurance policy to ensure their well-being if anything happens to you.

Here’s How To Do It Easy

First, review your current policy to understand what is covered and assess your new child’s needs. Determine the best time to add your child to the policy, typically within thirty days. Contact your insurance provider to initiate the process. Make sure all necessary information, such as the birth certificate, social security number, and proof of guardianship, is ready for the agent. Remember, adding a new dependent to your insurance may alter your premiums, so budgeting accordingly is essential. You may also need to update your other insurance policies. Review the coverage as it pertains to your entire family. You might want to consider the option of additional insurance.

Contact The Smith Insurance Group Inc. Serving Sandy, UT

A new child brings significant changes to your life, including your insurance. If you are in the Sandy, UT area and looking for life insurance, please contact The Smith Insurance Group Inc. We will connect you with a proficient and courteous agent dedicated to helping you find the policy that is best for you and your family.