Ah, obligations—such a serious word, isn’t it? It sounds like you’re signing up for jury duty, but don’t worry, life insurance isn’t that dramatic. Let’s break it down with a little flair:

• Pay the Premiums: Like a gym membership, you need to pay to keep your benefits. Except this time, you're investing in future peace of mind rather than unused treadmill minutes.

• Tell the Truth: When you apply, honesty is key. No pretending you’re a non-smoking marathon runner if you prefer Netflix marathons with a side of cigars. Insurers have a knack for sniffing out fibs.

• Keep Beneficiaries Updated: Got a new favourite nephew or ex-spouse you want off the list? Just let your insurer know—no drama required.

Yes, you can cancel anytime, but let’s think this through. Canceling life insurance is like selling an umbrella because it’s sunny today. Sure, it’s your call, but future you might get a little soggy when the unexpected downpour hits.

The good news? You’re not locked in for eternity. If you ever feel like your policy isn’t working for you, you can cancel, upgrade, or even switch to something more fitting. Life changes, and so can your policy!

But hey, before making any rash decisions, give your advisor (that’s probably us) a ring. We’ll weigh the pros and cons together—without the guilt trip, promise.

Give your advisor a ring—they’ll happily guide you through your options. And hey, if you’re still set on cancelling, no hard feelings—they’ve got you covered there too!