Can I Change My Life Insurance if My Circumstances Change?

Many thanks for your question. The answer to this will all depend on how flexible your existing life cover is.

Most insurers understand that our lives evolve and recognise that individuals tend to have life events (such as getting married, having children or moving to a bigger house) which will impact the level of protection we require.

As a result many insurers include the ability to change your policy should you need to do so at a later date with Guaranteed Insurability Options (GIOs).

Reasons why the insurers would let you increase cover

In most cases, these options allow you to increase the level of cover following significant life events such as:

• Marriage
• Buying a new home
• Increasing your mortgage
• Having / adopting a child.

Get in contact

We are whole of market independent experts who work closely with all of the leading insurance providers and can help you understand the flexibility of your existing plan and if necessary find a new insurer with the most flexibility or compatible GIOs for your future plans.

If you would like any further assistance please don’t hesitate to get in touch on 02084327333 or get started with an online life insurance quote now.