Life insurance policies are only as good as the underlying mortality, expense, and investment assumptions made by the company. Payment of your death benefit will depend on the company's financial strength. This may enable you to save a significant amount of time and money. Changing Needs Because your insurance needs will substantially change as your personal and financial circumstances do, you should monitor and review your policy regularly. If your health has improved or you've stopped smoking, you should find out whether or not your premiums could decrease.
Insurance can be a complex product to purchase.
It requires careful thought and expert advice.