Stay or Change?

When deciding whether to keep the coverage you have or switch to something else, Walt Francis of Checkbook Magazine says there’s two bits of homework you need to do:

  1. ask yourself if your needs have changed in the past year, and
  2. find out if your plan has changed.

The second part is easy. Every brochure has a page spelling out every change being made for the next year. You can usually find it just inside the front cover.