How often should I review my life insurance policy?

It's a good idea to review your life insurance policy every two to three years. Life changes and so will your life insurance needs. An obvious example is if you have a new baby. But your life insurance needs will also change if you buy a new home or even get a raise. Life insurance is so inexpensive today there is no reason why you shouldn't have at least 10 times your income. However, to get a more precise idea of how much you need, check out a life insurance needs calculator. You can use ours or find another on the web. Make it a habit to review your life insurance policy as you would review or re-balance your portfolio