It is important to review your life, disability and severe illness cover annually to
ensure the benefits align with your current needs and circumstances.
During your review, assess how your estate would look if you were to pass away
suddenly. Your estate should also have enough cash to cover liabilities such as
estate duty, debt and other expenses.
This would ensure your beneficiaries would not need to sell the assets passed on to them, like your home, to cover any financial obligations. Specific life events should also prompt you to reassess your life cover. These include birth, death, marriage, divorce, a job change, the purchase of a big asset like a home and retirement.
See more events that affect your cover.