I got my first insurance policy when I was 21 years old. I was earning a very low income back then but this handsome insurance salesman talked me into getting a $10K coverage. That was the maximum I could afford.
Now, my life insurance remains $10K and I have nether bothered to increase them. I don't see why I need to because my hubby's insurance is sufficient. So, that amount has remained for over 22 years.
My birthday is coming and it is time to pay my annual premium. Should I bother to increase the amount? Or just keep servicing it?