The cover you need for your life insurance will change over time as you move through different stages of your life. Term Life Cover, Specified Illness Cover, Income Protection and Bill Cover should be reviewed periodically to make sure your cover still matches your needs.

What to consider when reviewing your cover

As your life changes, your life insurance needs may change as well. It’s a good idea to regularly review your circumstances to make sure you have the right cover. Here are some things to consider:

• Could your level of cover maintain your family’s current standard of living if you were to die or be unable to work due to an illness or injury?
• Do you have more children now than when you first took out your policy or last updated your cover?
• Are your children now finished with college and financially independent, meaning cover would no longer need to account for these costs?
• Do you have a new loan, or have you paid off a previous loan? (i.e. mortgage)
• Can you still afford this level of payment?
• Have you changed jobs resulting in different employee benefits such as Death in Service or Income Protection?

Is there someone who can help me make a decision?

We recommend that you review your protection needs with a Financial Advisor. They can help you to consider your needs and choose the cover that most suits your circumstances.

We can also offer you a full financial review at no cost at a time and place that’s convenient to you. Just fill out the form below to schedule a free consultation.