At the beginning of a new year, many of us are inspired to set new goals for personal growth, financial wellness, and improved well-being. However, one area often overlooked in the new year’s resolution trend is insurance planning. This year, why not purpose to secure what matters most? Consider making the following five new year’s resolutions to make sure you have the right insurance coverage in 2025.
Review your current policies
The start of a new year is the perfect time to revisit your insurance policies. Are they still relevant to your current life? Whether it is health, motor or home insurance, go through your coverage to ensure it meets your needs. If you had significant life changes like getting married, having a child or buying a new home, it is advisable to update your policies.
Increase your coverage where necessary
Have you ever thought about whether your current coverage is sufficient to secure your loved ones or assets? For instance, increasing your life insurance could provide better security for your family, while upgrading your health insurance ensures better medical coverage. CIC Group offers flexible plans tailored to your unique needs.
Explore new products
Take time to explore additional insurance solutions. The insurance landscape is constantly evolving, with innovative products designed to meet diverse needs. For example, CIC Group’s EasyBima platform makes accessing flexible and affordable insurance easier. Evaluate whether adding a retirement benefits plan, or even a money market fund fits your goals for the year.
Set a savings goal for insurance premiums
Insurance premiums can be more manageable with proper planning. Set a goal to save monthly for your premiums, ensuring uninterrupted coverage. Did you know you can save for emergency and insurance premium via CIC Money Market Fund?
Seek professional guidance
If you are not sure where to begin, talk to an expert. CIC Group’s financial advisors can help tailor your portfolio according to your needs. Having this plan will ensure you are prepared for whatever a new year brings.
Make 2025 the year you take control of your financial future by prioritizing your needs. By following these resolutions, you are not just protecting yourself, you are investing in the security of your loved ones. CIC Group is here to walk the journey with you, providing reliable support every step of the way.
Happy New Year from the CIC family to yours!
