- Always remember your premium due dates to avoid a policy lapse.
- Always insist on a receipt as proof of payment.
- Ensure your age is stated correctly in the proposal as the life insurance company will pay an amount equal to the insurance that the premium would have bought at the correct age.
- Review your insurance needs regularly for adequate cover.
- Keep your policy in a safe place until the life insurance policy money is received.
- Keep basic details of your policy such as the type of policy, policy number and names of nominees in a separate place.
- Always ask your life insurance company when in doubt of anything related to your life insurance policy.
~ Insurance Info
