If you already own life insurance the most important thing to
remember is to not cancel any existing life insurance coverage until your new life insurance policy has been
approved, delivered, and put "In Force".
Compare the your current life insurance policy to
the one you want to purchase by comparing price, guarantee periods,
convertibility, financial strength of the insurance companies, and exclusions.
When beginning a
new life insurance policy, a new contestability period and suicide period will start, and
usually lasts for the first two years you are insured under your new life insurance plan.
