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Time It Right

Change your insurance policy renewal date so it works best for you.

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This story appears in the May 2004 issue of Entrepreneur. Subscribe »

There may be certain times of the year when it's easier for you to deal with renewing your insurance policies. If your policies are expiring at an inopportune time-say, during your off season, when you have less available income to pay your premium-it's possible to change your renewal date.

One alternative involves early termination and renewal of the policy to get you on the schedule you prefer. Or you might renew with a one-time, short-term policy and then return to an annual coverage period.

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