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When to review your cover?

When to review your cover?

Life stages

Certain moments in life where we should be encouraged to review the insurances we have in place.

  • Having a baby
  • Taking on a bigger mortgage
  • Having less mortgage
  • Taking on bigger fixed expenses

A less well known feature of many existing life insurance policies is the ability to increase cover without medical under writing, under certain circumstances. The life events benefit found in many covers lets you increase cover if you have had certain changes. As long as you increase within a time frame of the life event.

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