Wednesday, May 17, 2017

Can I Cancel My Life Insurance Policy?


Is it possible to cancel life insurance?

Yes, you have the option to cancel your coverage anytime you choose to do so.

But, before cancelling your policy, make sure you no longer have a need for protection. Because, if you still need life insurance, and your health changes, you may find you are uninsurable when you need it most, or the cost will be much higher, possibly.

And, if you are cancelling to switch to another, lower-priced carrier, make sure to get insured (your new policy is "In Force") before cancelling your first life insurance policy. That way, you won't be without coverage during the process.

Learn more about how to cancel life insurance policy.

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