{
  "id": 17824203,
  "title": "3 life insurance moves policyholders should make before 2027",
  "url": "https://urgent.news/2026/11/02/3-life-insurance-moves-policyholders-should-make-before-2027",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T16:56:17.000Z",
  "source": {
    "name": "CBS News",
    "slug": "cbs-news",
    "url": "https://www.cbsnews.com/news/life-insurance-moves-policyholders-should-make-before-2027/"
  },
  "original_language": "en",
  "account": "As the economy grapples with persistent inflation, rising interest rates, and increased costs of living, personal finances require reassessment. Life insurance policies, whether term or whole, are not a set-it-and-forget-it solution, particularly if premiums are a financial burden. Now, policyholders should consider three crucial actions to ensure their life insurance remains relevant and valuable for 2027 and beyond.\n\nFirst, policyholders should reassess their coverage amount in the face of market changes. With inflation continuing to pose challenges, premium costs for credit cards, personal loans, and mortgages are rising. The original coverage amount may no longer suffice to cover current and future financial obligations. By reviewing and adjusting the coverage amount, policyholders can secure a more appropriate plan for the upcoming year.\n\nSecond, policyholders should reconsider their life insurance type. Perhaps the previously suitable term life insurance is no longer the best fit, or a whole life insurance policy with its cash component might be more beneficial. As financial situations evolve, it's essential to review the available coverage options and choose the one that aligns with current goals and needs. Online marketplaces make this comparison process easier and more accessible.\n\nFinally, policyholders should start shopping for providers now, as this is a critical step in finding the most appropriate life insurance policy. It's essential not to settle for the first offer encountered, even if it appears promising. By obtaining quotes from multiple providers for the same terms, types, and amounts, policyholders can ensure they are making a well-informed decision for their financial security and their beneficiaries' future.",
  "summary": "To get the most out of your life insurance policy, consider making these three moves now, before the new year.",
  "key_points": [
    "Reassess life insurance coverage amount due to rising inflation and costs",
    "Consider alternative life insurance types that better suit current financial situation",
    "Shop for life insurance providers to ensure best policy terms and rates"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}