existing plans

If you already have insurance in place, you may be feeling secure; however, it is vital to review it. Especially if you took this plan years ago and now your personal circumstances have changed.

· It might be now that you are not smoking like when you took the policy.This means that you could pay less for an ex-smoker status.

· It might be that now you are slimmer and there is not any loading for high body mass index, or the loading is less, so you could now pay less.

· It might be you had an exclusion about an injury you had then but with a new policy, this exclusion could be waived if more than 2 years have passed.

· It might be that the benefit you have chosen is too small and would not cover your additional needs right now.

· It might be that you have a partial protection only on death, while you would be on risk paying your family’s monthly commitments if you would have a serious injury or being diagnosed with a serious condition.

· It might be that you are covered only for 44-60 critical conditions when you could be covered for 182 serious and critical conditions and 7 severity levels where you could be paid instead of 2.

· It might be that your life or mortgage policy isn’t placed in the TRUST. That would mean that the beneficiaries would be paid after the probate process was completed. Usually after 6 months and that the insurance money would be part of your estate and might be taxed, while with a TRUST your beneficiaries would have immediate access to your insurance money and there would not be any Tax payments.Commercial insurance is insurance that protects businesses. It covers businesses against losses, arising from things like damage to property or injury to employees, and is a term commonly used to label core business insurance covers like public liability and employers' liability.