THE FLORENTE GUIDE · TERM LIFE INSURANCEDisclose tobacco use accurately
Answer all questions about tobacco and nicotine use as asked in the application. The insurer may apply different premiums or terms.
Do not guess your category
Definitions vary across products. Ask the insurer for clarification if you are uncertain how to answer a question.
The details to put side by side.
Cover amount
List the financial commitments your family would need to meet.
Policy duration
Check the age at which cover ends and the premium-payment period.
Disclosures
Answer the insurer’s medical, occupation and lifestyle questions accurately.
Nominee and claims
Keep nominee details current and share claim contacts with your family.
Start with the responsibilities.
A family with a home loan and a child’s future expenses will have different commitments from someone without financial dependants. List those commitments before comparing cover amounts.
Bring these to your conversation.
- Your existing life-cover details, if any.
- A list of dependants, debts and future commitments.
- Questions about policy duration, premium payments and optional riders.
- Any application or policy wording you would like explained.
Your next step
Use the checklist, review the insurer’s current policy documents, and write down anything you want clarified before you choose.
Open your checklist