What should I review when my life insurance policy is delivered?

When your life insurance policy is delivered—in person by your agent or by mail—review it carefully before the free look period expires. This is your last opportunity to return the policy for a full refund if anything is inconsistent with what was presented during the sales process.

Verify the following: your name, date of birth, and personal information are correct; the coverage amount, premium, and policy type match your application; beneficiary names and designations are accurate; the policy effective date and premium due dates are as expected; and any riders you requested are included with their correct terms.

Review the policy exclusions—typically listed near the back of the contract. Common exclusions include the two-year contestability clause, suicide exclusion for the first two years, and any aviation or hazardous activity exclusions negotiated during underwriting.

For permanent policies, review the policy values illustration to confirm projected cash values match what was shown during the sales presentation. If anything is unclear, your agent should walk you through the full policy document.

Keep your policy in a secure, accessible location and inform your beneficiaries where to find it. Consider scanning a copy to secure digital storage.