You can call your insurance provider to ask about increasing the face amount of your life insurance policy. In some cases — for example, if your salary has significantly increased since you bought your coverage — they may be willing to adjust the policy. But this might require an entirely new underwriting process, meaning you might need to get a medical exam again. And your premiums will likely go up, too. If your insurer won’t increase the policy’s face value and you want more coverage for your loved ones, you can also purchase a separate, additional life insurance policy.