What to do when changing policies

Life insurance is a long-term commitment. It's usually not in your best interest to move from company to company.

  • Before you change policies, check to make sure you won't be penalized for canceling your current policy before its maturity date.
  • If your policy has a cash value, you may be charged a surrender fee for canceling it early.

Updated 03/27/2014

See also

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