Why You Should Review Your Life Insurance Policy?

Life moves fast — and your life insurance should keep up.

Reviewing your policy regularly isn’t just a good habit; it’s essential to make sure your cover still does what you need it to do. Whether you’ve had a major life change or just haven’t looked at your policy in a while, here’s why a quick review is worth your time:

1. Your circumstances may have changed: Got married? Had a child? Bought a home? Changed jobs? All of these affect your financial responsibilities and what your loved ones would need if something happened to you. A review ensures your cover reflects your current life, not your life five years ago.

2. Your cover could be outdated or inadequate: As inflation rises and your lifestyle evolves, the amount you originally took out may no longer be enough. A review can highlight any gaps in cover and help you adjust accordingly.

3. You might save money: Life insurance prices can change, and so can your health or lifestyle. If you’ve improved your health or quit smoking, for example, you might qualify for lower premiums. It’s always worth checking.

4. Better options may be available: New products and benefits come onto the market all the time. A review gives you a chance to upgrade to something more flexible, affordable, or comprehensive like adding critical illness cover or income protection.

Bottom line? Life insurance isn’t a “set and forget” product. A quick review could make a big difference to your peace of mind and your family’s future.

Let me know if you'd like help reviewing your cover; it’s quick, free, and could be one of the smartest things you do this year.