Steps
- Review your current coverage amount — you may be over-insured for your present needs.
- Ask whether reducing the face amount lowers the premium while keeping coverage in force.
- Compare your current rate against today's market — rates may have improved.
- If you're healthier than when you bought the policy, a new policy could cost less.
- Never cancel an existing policy until a replacement is fully approved and in force.
Need help with this? Speak with a licensed agent for a free, no-obligation review of your life insurance policy.
A licensed agent can walk you through every step at no cost. Life Insurance Help Now is independent, so the guidance is about what's best for you.