Yes, although it is possible to have more than one life insurance policy, if you find that your situation changes in the future, it is sometimes possible to adapt your current policy. So while you can get more than one life insurance policy, there may be other options if you need to review your insurance coverage.
How many life insurance policies can I have?
In theory, you could have multiple life insurance policies. There is no law that prevents you from obtaining a combination of individual life and co-life insurance policies, but many clients prefer to adapt their current policy to their changing needs.
Change your cap
We understand that people's circumstances change. Major life events are causing many people to reconsider their insurance arrangements. But did you know that with Legal & General you could increase your life insurance coverage without the need for more medical information about specific life events? You can also request other changes such as changing the term, the amount of coverage, changing from common policies to individual policies, or even changing installment payments from monthly to yearly. Terms and Conditions apply.
Let us know your life insurance needs
Anyone's circumstances are not the same forever, if you need to make changes to your policy please talk to us and we will consider your request and inform you if what you request is possible and what the new delivery is. If you make any changes to the policy, a new policy may be prepared and different terms and conditions may apply. Of course, nothing prevents you from obtaining more than one life insurance policy, but our flexible approach means it is not strictly necessary.
Comments
Post a Comment