Last Updated on April 22, 2021
So don’t risk it, and speak to an adviser about all of your debts, future obligations, and personal needs.
4. DON’T CHOOSE A POLICY BASED ON ITS PRICE
Many people fall in this trap, which is choosing a policy with a stepped premium that basically looks affordable. But it will rise eventually in the future. So while making a choice, look at the policy, what it provides, and if it offers enough cover. Also, consider the premium type if it is going to be affordable in the long run.
