Rebroking Life Cover
How often should life cover be rewritten? We have an adviser who rewrites plans every couple of years once the clawback period has ended. I do not think he advises them to cancel the previous ie I cannot advise you to cancel what you have as but I can offer you this one which is cheaper, has lots of great add ons etc so up to you if you want to switch.. I was always under the impression that unless there was a considerable difference in price for life cover then not to rebroke OR to be extremely careful re CIC due to either conditions covered in a previous plan not being offered in a new plan or possible new medical conditions. Just wondering whether I am too cautious in this regard.