If you haven’t reviewed your existing cover since you first took it out, then there is no better time than now to review your life insurance needs.
There are significant, big life events that require a life cover change, such as getting married, buying a new home or having a child. Other variations in your personal circumstances, or even your lifestyle, can also mean that you should review your life insurance needs, for instance if:
• your health status has changed (e.g. you’ve given up smoking)
• your financial status has changed (e.g. your income has changed)
• your marital status has changed (e.g. you’ve got married, separated or divorced)
• you’ve taken out other policies (if they include an element of life insurance, then you should review your overall cover).
