Start with the people and responsibilities that need protection.
Separate protection from savings
Term insurance generally focuses on a death benefit during a defined term, subject to the policy. Other life products may combine protection with savings or investment features. These are different choices.
Consider dependants, debts, ongoing expenses and existing cover before discussing the amount and duration.
Review the contract
Compare exclusions, underwriting, premium-payment period and benefit conditions. For savings-linked products, ask which benefits are guaranteed and which are illustrations.
Understand surrender conditions, charges, lock-ins and the effect of missed premiums. Do not infer returns from a marketing headline.
Keep information current
Answer proposal questions accurately and keep nominee details updated. Tell a trusted family member how to locate the policy.
Ask for the insurer's official documents before deciding. The policy, not this webpage, defines the benefits and conditions.