Life Insurance and critical illness questions to ask the advisor

Is this policy suitable for my insurance goals?

What is the financial strength of the company?

Is the premium a guaranteed or reviewable premium?

Does the premium include waiver of premium (Payment Protection) ?

Will It be beneficial for me to put this policy in trust?

Will I have the option to increase the amount or renew the insurance?

Does the policy payout a lump sum or an income?

What are the exclusions of the policy?

Life Insurance only Questions to ask

What term is the insurance over?

What are the exclusions on the policy ?

Is the level of cover decreasing?

Does the policy include terminal illness?

Critical illness Questions to ask

Is this the most comprehensive critical illness cover on the market?

Can you provide evidence of this?

Will my cover stop after I have claimed?

Does the cover reduce over time?

Is total and permanent disability included within this policy?

If so under what definition? Own Occupation, any occupation or work tasks

Is free children’s critical illness cover included in this policy?