A periodic review across all insurance types catches gaps and outdated beneficiary designations.
- Health insurance and Medicare supplement coverage
- Long-term care insurance, if applicable
- Life insurance beneficiary designations, updated and current
- Homeowners or renters insurance coverage levels
- Auto insurance, if you still drive
Set a recurring annual date to review this whole list at once, rather than only thinking about it when a policy renewal notice arrives.
This article is general information, not financial or legal advice. Rules, costs, and program details vary and change over time — confirm current specifics with a licensed financial advisor or elder law attorney before making a decision.