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When you can’t be there anymore, your term life insurance plan stays, committed to its goal of ensur... Read More
When you can’t be there anymore, your term life insurance plan stays, committed to its goal of ensuring that - your family is well taken care of financially, protecting their confidence, dreams and future, with ONE MOST POWERFUL PLAN that works harder, to unlock a large sum which can, in your absence, act as - an income replacement for their day-to-day expenses, a safety net for your child’s higher education / wedding cost, and a financial cushion to pay off any loans, and maintain their lifestyle.
A term life policy is nothing but simply a form of life insurance cover, to offer financial protection to your family, by way of a small sum paid regularly as premium over a fixed period i.e. the “term”. Upon death of the insured person during the policy term, the nominee shall receive the sum assured as per the terms of the policy. If the insured person survives this term, then there is generally no payout, unless the insured person has opted for a term life insurance plan with a built-in ROP (Return Of Premium) feature. The Ageas Federal term life insurance plan is a promise of security for your family’s priceless future, when you are unfortunately not around anymore to guard it. And do you know what’s best about these term life insurance plans?
Affordable premiums that guarantee complete peace of mind - for as low as the cost of your monthly OTT subscriptions (or a few coffees maybe!) - ensuring a huge safety net worth lakhs to crores of coverage for your loved ones, especially during the most testing times. A best term insurance plan can keep your family’s dreams alive when you cannot. A simple yet smart way to make certain that, in future your loved ones don’t feel the financial gap caused by your sudden death, is to buy term insurance today. When life takes an unexpected turn, even in your absence, you can establish lifelong security for your beloved ones with the Ageas Federal term life policy. In other words, your care takes the form of a crore-worth cover at the right time, offering pure protection and certainty to your family in life’s unstable moments.
Cover amount is the guaranteed amount of money, received as payout upon death of the life assured during the policy term, which acts like a financial umbrella over the nominees of the policy
Choose a cover amount i.e. sum assured depending on the following factors
If you are earning 10-15 LPA, it is recommended that you consider a Rs. 1-3 crore term life insurance cover
Policy term is the chosen duration for which you would like protection from the term life policy. That is the number of years during which your family can stay secured under the plan
The longer the policy term, the more years your loved ones stay covered (which also means, the longer the policy term, the higher your premium usually is, because covering you for more years means more risk for the insurer. For instance, a Rs. 1 crore term insurance cover for 15 years period may cost Rs. 500 premium per month, for 25 years - Rs. 700 per month, and till age 80, Rs. 1200 per month)
You can choose either of the following terms:
You can go for short term (10-15 years), medium term (20-30 years), and even long term (40+ years till age 99) depending on your age, risk profile, financial goals, expected level of family support in future etc. The term life insurance may accordingly end sooner, or stay for a balanced duration extending through your prime earning years to fulfil a long promise of protection
If you opt for a 40-year policy term at your 20 years of age, your family is protected under the term life insurance cover till your age 60 and shall receive the sum assured if anything unfortunate happens to you during the policy term
There is complete flexibility to select when and how you want to pay towards the term life insurance premium
There are several premium payment options that you can choose from -
Regular pay is best for individuals who prefer smaller payments consistently because it is easily manageable for them
Limited pay is perfect for those who want to finish paying premiums beforehand. There is no obligation to pay anything later after the completion of the predetermined initial few years. Also, these policyholders may not really mind the slightly higher cost involved, as the family security applies till the end of the policy term
Single pay is ideal for people who like to get done with the payment of premium right at the start of the policy term by investing the lump sum funds that they have. They can handle the highest upfront cost inbuilt in this option since they value the maximum convenience it brings along with one-shot payment style
One-time, a few years, or every year – your choice
Payment flexible, protection fixed
If you decide to go for a policy term of 25 years, but want limited pay premium option (for 10 years) enabled in your term insurance, then you shall pay premium for just first 10 years, with protection that extends over the entire policy term of 25 years
You are required to provide information about your health and lifestyle habits transparently, undergo and submit medical test reports as mentioned in the form, upload necessary documents for KYC and financials whenever you buy term insurance online
You need to answer some simple questions to complete the formalities when you buy a term insurance policy. These declarations about your health and lifestyle and in some cases, even your medical tests are extremely important for the insurer to arrive at a conclusion regarding your risk profile, and accordingly decide your premium amount. After which, certain standard documents like Aadhaar, PAN, income proof, and address proof, are also required to fulfil eligibility criteria and a hassle-free KYC process
Subiksha, 34, needs to buy a Rs. 1 crore term life insurance online for herself. She has all her documents in place - Aadhar, PAN, 6-month salary slips, and address proof. She has submitted these in order to buy term insurance online on Ageas Federal Life Insurance website. Her documents are thoroughly vetted and post verification, her term insurance gets issued in the next 48-72 hours without any hassles
Rishabh, a non-smoker, 29, is planning to buy a term plan online. No medical history found. He needs to pay a basic premium as calculated for his profile
In scenario 2: Rishabh smokes regularly and has diabetes. He needs to pay a slightly higher premium compared to scenario 1 above. The insurer can even ask for a medical report before initiating approval of the policy
Underwriting is a crucial process - basically consisting of background checks before the policy takes off - to review your health, lifestyle, medical and financial report card and decide the premium before approving your application
Think of underwriting like a referee’s whistle before the game or the security check at the airport
Much like the concept of product-market fit, underwriting helps find if the chosen policy matches with the individual’s profile (It’s a mandatory check done to arrive at the perfect policy-insured person fit). It’s like a gate pass or green signal to match and align the right coverage with the financial needs of the applicant
Post this procedure, your policy is issued and your family stays secured from this moment till end of the policy term, as the term life insurance protection is officially considered active from hereon
A soft copy of the policy document is sent immediately to your email and a hard copy is then couriered to your address as proof
Ranveer, 37, has submitted an application online for a Rs. 45 lakh Ageas Federal term insurance cover. After clearance regarding his health data, medical reports, and financial statements, the policy is issued and his family is covered from the date of issuance
There are two situations to primarily consider for this:
In situation one: In an unfortunate event of the insured person’s death during the policy term, the nominee shall receive the sum assured as per the payout terms mentioned in the policy document
In situation two: If the insured person survives the policy term, depending on ROP (Return Of Premium) opted (this feature is available in certain term insurance policies), the insured person - at the time of maturity - shall receive the total base premiums paid
Shilpa, 32, holds the best term insurance for Rs. 1 crore for a policy duration of 30 years.
In scenario 1: If Shilpa passes away during the policy term, her husband (nominee) shall get the sum assured i.e. Rs. 1 crore either as lump sum payout or monthly income or a combination depending on the payout option chosen by Shilpa before policy issuance
In scenario 2: If Shilpa outlives the policy term and has chosen term life insurance with ROP (Return Of Premium, she shall receive all base premiums paid over the last 30 years
The best part about a term insurance policy is that it doesn’t differentiate between different categories of people. It works for everyone who has someone dependent on them financially.
Plan? Just ONE! Who does it benefit? Many like YOU!
Let’s begin with the example of the primary earners i.e. breadwinners of the household, the main group of individuals who must definitely buy a term insurance policy. Why? When you are the sole financial contributor in the family - be it an employee or an entrepreneur, your sudden absence stops the financial engine immediately.
To keep things running like before i.e. to pay bills, support lifestyle of dependent members upon the insured person’s death, and to provide urgent and regular financial assistance to the family members for their different needs arising from time to time, a term life policy is the most ideal recommendation by several finance experts, so that your main source of income can be replaced effectively with one smart insurance decision.
Young parents and couples who are planning for a family can also consider buying a term plan, as starting early when it comes to term insurance gives you the ‘less premium, higher sum assured’ advantage. You can thus plan for your child’s future right from today - be it for their education, marriage or other bigger dreams, and pass on your token of love with the help of the Ageas Federal term life insurance plan.
Loans and EMIs are long-term commitments and even in your absence tomorrow, they won’t automatically disappear. They can cause extreme financial stress to your family members. If you are someone with big commitments or in case you have availed home loans with repayments scheduled for the next 15-20 years, with a best term insurance policy, you can ensure a wealth shield cum security blanket for your loved ones so that they don’t have to risk losing the house or liquidating assets to pay off your huge debts.
Sometimes, it is not just about your family, but also about the key partners who are financially impacted when something drastic happens to you. Hence, if you are a business owner or a key stakeholder elsewhere, the term life insurance in such cases, becomes an invisible helping hand offering the much-needed stability to your other ventures. There is no need for your dependents then, to compromise on their personal finance to ensure business continuity.
Usually, the dependent members are (but are not limited to) your spouse, parents, children, siblings, and extended family members who feel the immediate financial strain upon the death of the insured person. Therefore, a term life insurance plan is designed in such a way that it brings the family’s financial journeys back on track. When life snatches the care and physical presence of a beloved person, their commitment towards their family still continues, and thrives to fill the void in the form of a term insurance cover.
The best term insurance plan, that’s ideally suited for your family’s specific future financial needs, acts as an income replacement option for your loved ones, to fund their everyday expenses and lifestyle maintenance, especially because you may no longer be there to provide for them.
Compared to savings-linked plans, a term life policy offers a huge cover amount at just a fraction of the premium. So, you can secure your family’s future for a small commitment (low cost, high cover benefit), along with the convenience of choosing your preferred premium payment option - either one-shot, regular pay or even limited pay.
A term life insurance plan supports your loved ones to clear outstanding loans (home loan, car loan, education loan etc.) so that they do not have to single-handedly deal with the sudden financial burden. The sum assured received upon the death of the insured person helps the family by becoming their debt shield and security net in their hour of need.
Knowing that your family can be well-provided for, even when you are gone, keeps you assured of their secured future and well-being. Stay relaxed and calm as you plan for your family’s financial comfort in your absence. Because a top term life insurance does all that you would ideally want for your family’s welfare when you are not around: Kid’s education, elderly care for parents, wedding expenses of children, spouse’s retirement planning and so on. A best term policy understands that your loved ones deserve a risk-free, stress-free financial cushion to safeguard their big milestones.
There is flexibility inbuilt in every step when you buy a term life insurance cover.
Death benefit from the term life policy is like a financial backbone for the family which has lost its breadwinner. As the prices go up with inflation, after 15-20 years, the Rs. 1 crore term life policy taken long ago may not be sufficient enough to match the lifestyle of the family i.e. the term insurance coverage may not be adequate to provide for your family’s medical, education and healthcare costs. However, there are specific inflation-linked term life insurance plans (these are term covers that come with targeted increase or income expansion features) with an ‘increase sum assured linked to life events’ or an ‘increasing monthly payout on death’ option, that allow you to automatically increase the cover amount every year without needing you to opt for another policy or your family to compromise on their lifestyle. In other words, the payout grows to match your family’s future expenses.
Universal appeal is one of the strongest reasons why a term life insurance plan enjoys immense popularity even today as the most simple and secure way to protect your family’s future if something wrong were to happen to you. Term insurance is for all - whether you are a young working professional, married couple, new parent, business owner, middle-aged person in their 40s or even a senior citizen for that matter. The Ageas Federal term insurance policy is designed to keep you ready for life’s most challenging times. It is a straightforward financial decision that can future-proof your dreams for your loved ones, unlike other financial instruments that may work well only for specific groups of people, like those belonging to a certain age, income bracket and so on.
With every passing year, your age increases, life matures, your goals change and your responsibilities grow. Buying a term plan at a young age means investing early on, and starting with really low premiums to unlock affordability to a great extent when it comes to your term life insurance coverage amount.
Tax savings is another reason why buying term life insurance holds utmost relevance for several tax-paying individuals. The coverage amount is usually tax-free and the premiums paid towards the term life policy also qualify for tax deductions, thus offering dual protection.
A term life policy is an excellent lifelong financial security partner, which stands as a guardian to your loved ones, when your income and presence both are no longer available to them. It offers dual advantages i.e. immediate and long-term ‘protection promise’ to build their life again (thankfully, not from scratch).
During an urgent cash flow need, your family doesn’t have to depend on desperate financial means such as taking additional loans, exhausting their savings, or selling off all assets. In tough times, your term life insurance plan ensures complete wealth protection with smooth and seamless handling of all liabilities. No complex jargons involved.
Call it a simple financial product, a smart investment or an act of love, Ageas Federal term insurance is a gift of security, a promise of life to the generations that come after you, as they do not have to financially depend on others or inherit your financial burdens onto their shoulders. Both their dignity and dreams are saved from derailing even after colliding with life’s unfortunate events. What is carried forward then? Your true memories and pure intentions of care.
Investing in a term life insurance plan shows your concern and a sense of responsibility towards your loved ones who are monetarily dependent on you. It initiates a habit of committing towards their future and nudges you to prioritize planning well in advance at present for a life backup to support them tomorrow. Ageas Federal term life insurance plan teaches you along the way to combine discipline and direction to shape their worry-free journeys after you.
Straightforward policy for future financial protection
Affordable premiums (cost-effective plans with attractively higher coverage)
Convenient payout options
Simple claim process
Option to choose term life insurance with Return Of Premium (ROP)
Family’s day-to-day financial needs taken care of after your untimely death
Policy accessibility for different groups of people (young earners, women, near-retirement individuals, people with huge debt burden, people with low risk appetite etc.)
Several types of term insurance plans to pick and choose from depending on your specific financial situation
Easy policy terms (i.e. the flexibility to align policy duration and premium paying term according to the budget that you can allocate)
Term insurance specific tax benefits (deductions for premiums paid, and completely tax-free death benefits)
Customizable term life insurance with add-on riders available for additional coverage and complete protection
Hassle-free and quick settlement record
Financial burden waiver for the family as it acts like a safety net for loan repayment
Life quality of dependents secured
Life stage benefit and increase sum assured feature
Protection partner for your hard-earned assets so that they can remain with your family
Your sum assured has to be adequate enough to fulfill outstanding loan obligations, fund important life events like kids’ education, parents’ medical needs, spouse’s retirement goals etc., and also replace your income effectively. Choose a term life policy that can secure your family’s future financial journey. Likewise, the policy term should ideally cover your working years, spanning either till your retirement or till your major financial responsibilities are completed.
Those are exactly the years when your loved ones are financially dependent on you and your untimely death can make them not just emotionally vulnerable but also financially weak. In some cases, it’s best to get the entire death benefit as a lump sum amount, whereas in certain situations, a monthly income option may work suitably well for your family’s needs at that point in time. Hence, always check for payout flexibility before deciding which term insurance to buy. Extra riders added to your term life insurance, provide additional protection over and above the sum assured for very specific cases like accidental death, critical illness etc., at a very nominal cost. In essence, make sure that the amount of premium is affordable throughout and adjusted according to your short-term and long-term goals, desired coverage amount, policy duration and premium paying terms, so that you can stay invested for a longer period of time and your family isn’t exposed to any life-altering event prematurely.
Let’s start by understanding what claim settlement ratio looks like for the best term insurance companies. A higher claim settlement ratio in term insurance indicates the insurer’s commitment to honoring claims, putting you and your family at ease, before trusting them with such an important financial decision of your life. You need to also verify and conduct background checks about the insurer.
Ensure you do a thorough investigation of the insurance company’s financials, their track record, market standing, economic performance, overall credibility in the industry, presence across the country, positive customer responses (reviews / ratings / feedback / testimonials) and past claim settlement records before buying your term life insurance policy from them. What is the digital ease of buying your term plan looking like on their platform? What kind of assistance does their customer support team offer? For example: Term insurance guides for easy understanding, jargon-free communication and language throughout so that you exactly know what you are signing up for, real-time / all-day chat / calling support, insurance advisors along the way, quick policy issuance, same-day dedicated claim processing, responsive service, discounts for purchasing online, add-on benefits, so on and so forth. How transparent does the process of buying, managing the policy, paying the premiums, and claiming benefits look to you? Based on your evaluation and assessment of the above parameters, make an informed decision when it comes to choosing the best insurance company for your term cover.
The answer is ‘today’. That’s how soon you should be considering buying a term life insurance plan because the advantages of starting young in a term life policy are just so unmissable. The earlier you begin, the more benefits you get - tailored low-cost plan, affordable premiums, long-term protection, extended coverage, peace of mind for a longer period of time, financial security for big and important events (like marriage, home buying etc.) and so on. Throughout your prime working years, you can be stress-free that your family’s needs shall be taken care of if something bad happens to you. Your age and health are two main components considered while deciding your term insurance premium. So starting soon when you are in the pink of health makes your premium cost-effective in the long run.
For each phase in your life, you can enjoy attractive and comprehensive coverage, while also paying less compared to someone who starts late. That is, if you want to take a home loan, in case you have dependent parents, if you are planning to get married and want to ensure your spouse’s long-term financial protection, or in case you are a young parent expecting a big expenditure in future for your child’s education / marriage, then a term life insurance policy purchased in your 20s / 30s provides the benefit of a huge sum assured (coverage amount) that can manage all these obligations, essentially without any restrictions. Moreover, starting at a young age helps you lock in a relatively low premium for a longer duration of time i.e. up to 40 years (policy term) and even more. When you are more vulnerable financially, and when your family is directly dependent on your income for their basic needs and also their future dreams, your term insurance cover takes your place with immediate effect (i.e. when you need it the most, when you are no more). Even if you are slightly older or are already in your near-retirement phase, a term life insurance plan is still the best option for your family’s goals at different stages of life. With term insurance, your family can minus the stress of managing it all by themselves without you around. Because, the payout from your term life insurance will be just around without any delay to help them on your behalf.
You can use the online calculator option available on Ageas Federal Life Insurance website to estimate your term insurance premium amount. This way, you can make an informed decision, after fully understanding what you need to pay, if you opt for only a basic term life policy versus what amount you should be paying additionally if you want to combine any of the riders with your base plan.
After entering your basic information like age, desired sum assured, income level, gender, lifestyle habits, health data, and the policy term that you are looking at, the online term insurance calculator, with the help of actuarial frameworks, estimates the amount you need to be paying. This makes your life very easy, giving you an upfront calculation, in order to arrive at a conclusion regarding your term insurance. Using the online calculator, you can even compare several term insurance plans in one go and pick the best term insurance that’s tailored for your budget.
The amount that you must pay regularly to the insurer to keep your term insurance coverage on.
The death benefit / coverage amount / claim payout that the family (nominee) receives upon the death of the policyholder during the policy term
The number of years for which your policy stays active and your family enjoys coverage / protection.
This is not the same as a policy term. PPT is the number of years you want to pay your premiums for. If you have a policy term of 40 years, and a PPT of 20 years, after the first 20 years you don’t need to pay any premiums, yet you can stay protected under the term life insurance plan for the entire duration of 40 years.
The individual (appointed by policyholder) who is entitled to receive the sum assured (claim amount) upon the death of the policyholder during the policy term.
The window provided (extra time given after due date) to pay the overdue premiums in order to avoid policy lapse.
Additional covers enabled optionally alongside your base term life policy for enhanced protection and wider coverage.
Specific situations / causes of death which are not included in your term insurance cover (for instance, suicide in the first year of policy).
The process undertaken to assess your risk profile; also decide your premium and eligibility based on your age, health, coverage you have applied for, income, lifestyle and your financial commitments towards your family's future.
The percentage of claims settled by the insurance company out of the total claims received in a year. The higher the claim settlement ratio, the stronger the insurer’s trustworthiness. Which means that greater are your chances of a hassle-free claim settlement experience with the insurance company. The CSR metric helps you gauge the insurance company’s commitment to honor your claim during critical times.
A feature / policy variant that you can opt for during the purchase of the term life insurance plan, in case you wish to obtain back all the premiums paid till maturity, if you outlive the policy term.
The window (maximum time limit) provided to reactivate a term life policy that has lapsed due to outstanding premiums.
AGEAS FEDERAL LIFE INSURANCE
Endorsed by Life Insurance Experts
At Ageas Federal Life Insurance, we are dedicated to creating meaningful insurance solutions that help individuals build a secure and confident future. With over a decade of experience, we offer a wide range of plans across protection, pension, savings, investment, annuity, and health, designed to support evolving financial needs at every stage of life.
Term insurance is the most simple and straightforward form of life insurance, which is not only affordable, but also highly preferred and considered essential by insurance experts for its coverage size. In case something happens to you during the policy duration (policy term), the term life insurance plan promises financial security to your loved ones. Since term life policies are primarily designed to act as financial instruments for family protection and not high-risk market-linked investments yielding attractive returns, there is generally no payout at maturity if you survive the term (unless you opted for a term life insurance with ‘Return Of Premium’ plan). The key highlight of any term insurance policy is its ‘low cost of premium for a high coverage amount’ benefit. So, a 25-year-old young professional, with clean health records and a non-smoker status, can buy a Rs. 1 crore term insurance plan at an annual premium of just a few thousands. That is, for as little as Rs. 800 - Rs. 1,000 per month. If you pass away during the term, the lump sum payout from your term insurance cover protects your family members from financial distress, especially because your income and earnings are no longer available to them. Your dear ones can use this death benefit to repay your loans, fund their dreams, afford major milestones like higher education, marriage, etc., invest in other financial instruments for a better future, maintain their standard of living, live with dignity in their old age / retirement period, all this and more while keeping you in their memories for your one wise decision, your sheer commitment to secure their future with the best term policy. Often requiring just basic documents and a few medical tests based on your age and health / lifestyle factors, online term insurance covers are super easy to understand, buy and claim. You can also customize your term insurance coverage for comprehensive protection by adding riders like accidental death benefit, critical illness cover, waiver of premium, and / or disability cover.
So, what do you think makes the term life insurance plan a smart financial choice for policyholders? Well, the answer is simple. Multiple tax benefits!
For example, if you pay Rs. 20,000 towards your term life insurance as annual premium, this amount can be claimed as a deduction under Section 80C, which reduces your taxable income. If the unfortunate event of death happens during the policy term, and your nominee receives Rs. 1 crore sum assured, the entire payout is tax-free in their hands
When you buy a term insurance policy, keep these documents handy to ensure that you have a stress-free experience and quick policy issuance as you apply for the coverage you desire. You are expected to provide accurate information in these documents. If any of these documents or details provided in your application are found to be forged and invalid, your claim can get rejected later.
Yes, you can buy multiple term insurance policies from different insurance companies. This allows you to diversify benefits from several term insurance covers while also scaling protection with increased sum assured from multiple plans. However, make sure to disclose about each of your term life policies to all your insurers because insurance companies generally tend to check the overall eligibility of the policyholder to ensure alignment of your income with your desired total coverage amount. Multiple term insurance covers means more flexibility for the policyholder because you need not overpay or overcommit at an early age. Instead, your term life insurance covers can be structured based on your financial responsibilities at different life stages. Your nominees can claim payouts from all policies you hold at the time of death, thus leading to lump sum benefits helping in their immediate and long-term financial relief. Example: Anuradha, a 28-year-old non-smoker, healthy female, buys a Rs. 50 lakh term insurance plan, with the goal of providing financially for elderly care expenses of her parents, upon the likelihood of her untimely death. At 35, after marriage and taking a home loan, she buys an additional Rs. 1 crore term life insurance policy to provide coverage for her spouse and loan obligations. Later at 42, she adds another Rs. 50 lakh term insurance cover for future education expenses of her 2 children. Currently, Anuradha holds three policies: Rs. 50 lakh + Rs. 1 crore + Rs. 50 lakh = Rs. 2 crore total cover amount. If Anuradha passes away during the policy term, nominees of Anuradha’s term insurance covers can claim death benefits from all three plans mentioned above, provided full disclosures were made at the time of their purchase.
During purchase of a term life policy, your premium is usually determined after assessing your risk profile, which is calculated on the basis of your age, your current health status, medical conditions if any and lifestyle habits that are impacting your health. If you were a non-smoker and a non-drinker back then when you had originally bought the term insurance, your risk profile would have been estimated differently compared to what your current risk profile is after developing those habits. Good news: Your premium does not automatically change immediately based on the lifestyle habits you adopt. Term life policy gives you enough predictability and long-term affordability by locking in the premium determined for you at the start of the tenure (provided you pay it regularly). In other words, your current policy with the insurer remains intact without any modifications even after you have developed these habits. What’s ideally recommended?: You are expected to inform the insurer about significant and major developments to your health or anything to do with your changed lifestyle, either during periodic medical reviews (as and when required), policy renewal or while making a claim to the company. It is considered to be an important responsibility at your end because if something happens to you and your untimely death gets connected to your lifestyle changes (smoking, drinking etc.), your family’s claim for the payout can be denied or delayed depending on the case and the investigation findings. Therefore, honesty is always the best policy when it comes to term insurance. In case you were a smoker / drinker right from the start but had informed the insurance company otherwise (during purchase of the policy), this amounts to non-disclosure (hiding of such crucial information) which again leads to several complications during the claim, most of them putting your family’s peace of mind, protection, finances and future at a huge risk. This, in turn, destroys the whole purpose of why you had purchased a term life policy in the first place. In short: Being transparent at all times ensures that your family doesn’t have to go through any such stress later. Upon intimation of your newly-developed habits and health changes, your insurer may reassess your risk profile. You can also expect your premium to increase accordingly.
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