Policy Review Checklist

Print or save this list before your free policy health check. No insurer logos — independent advisor use only.

Policies to list

  • Insurer name and policy number for each life, health, and motor policy
  • Type of plan (term, endowment, ULIP, floater, etc.)
  • Sum assured or sum insured
  • Premium paying term and premium amount (approximate)
  • Last premium paid date and payment mode

People & nominations

  • Nominee names — still correct?
  • Appointee for minor nominees if applicable
  • Policyholder vs life assured if different

Status checks

  • Any policy lapsed or paid-up?
  • Maturity or money-back dates in the next 24 months
  • Outstanding loan against LIC policy (if any)
  • Open claim, surrender, or porting under consideration

Goals to discuss

  • Has income or family size changed since purchase?
  • Is term cover roughly 10× annual income?
  • Health sum insured realistic for Chennai/private hospitals you use?
  • Old vs new tax regime — still relevant for 80C/80D (confirm with CA)

Documents to gather (if available)

  • Latest policy bond or PDF
  • Last premium receipt
  • LIC policy status printout from official portal (you log in — we do not store passwords)
  • Recent health renewal notice

Bring what you can — we can start with a verbal list. Book a review at /policy-review-chennai or contact us.

Checklist for discussion only — not tax or legal advice. Insurance is the subject matter of solicitation.