Take a fresh look at the responsibilities
Would a partner still need your income? Are you supporting children or parents? Is there a mortgage, a business obligation, or a particular amount you want to leave behind?
Some costs may have fallen. Others may have stayed longer than expected. Give each a place in the review.
Read the dates on existing policies
If you have term insurance, check its renewal cost, expiry age, and any conversion deadline. Renewal and conversion options depend on the contract and may have age or timing limits.
Review them before a deadline arrives. That gives you time to understand the choices rather than make a rushed decision.
Match the type of coverage to the remaining need
A responsibility expected to end in several years calls for a different discussion from a goal that may last throughout your life.
Compare the coverage period and long-term cost. If you're considering permanent insurance for estate or legacy planning, examine the guarantees and commitments as well as the intended benefit.
Count assets thoughtfully
Savings may reduce the amount of insurance you need. But money supporting retirement can't automatically do a second job without affecting that plan.
Look at what would actually be available to the people you want to protect, and when.
Review before replacing
If you're considering a new policy, understand the new terms, approval, and effective date before cancelling existing coverage. Your age and health may affect new options.
An old policy is worth understanding before making a change. The right outcome may be to keep it, adjust it, add coverage, or let a need come to an end.