Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can the sum insured be changed during the year?

changed insured year
0
Posted

Can the sum insured be changed during the year?

0

It may not be advisable to change plan mid term since you will have to cancel your existing policy and take a new policy. This will mean that all your coverage and exclusions will be applicable all over again as on day one. This will impact you especially with regard to first year exclusions and pre-existing illness covers.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123