When life cover starts costing an arm and a leg.
Finding out that your life cover (or other risk product) premium has become unaffordable could leave you despairing, particularly if you really need the cover.
It’s not an uncommon scenario – a premium that increases with age coupled to annual benefit increases means your premium could easily double in 10 years and triple in 15 years. It’s impossible for salaries to keep pace, so your premium consumes a larger percentage of your budget each year until you reach breaking point.