Need help?

Indie Smile Icon
>

Can I convert my existing insurance to Indie?

Of course you can cancel your existing insurance policy and take out an Indie policy 💪🏾 but, before you switch, ask yourself these financially savvy questions 🤔:

• Will I be accepted?Before you have a high school flashback 😱, we're talking about the fact that insurance companies don’t have to offer you cover. So, before you cancel your existing cover, it’s best to make sure that the other provider will in fact offer you cover. If, for example, your health has gone down since you took out your existing cover, a new provider might offer you cover with certain things being excluded, or no cover at all 😖.

• What’s it going to cost me?Most people look at the premium they will start with at the new provider and compare that to what they’re currently paying. But, insurance premiums are set to grow at different rates and that’s why it’s really important to compare how these different premiums will change over time. For example, if an existing premium is set to grow at 10% per year while a new premium only grows at 3% each year, the existing premium is not necessarily a better deal, even if it starts off cheaper 💸.

• Is the cover the same?Despite having the same names, not all insurance products are created equal. One product might be sold by different providers using the same name, but that doesn’t mean the cover they offer you has the same conditions. You should carefully compare ⚖️ your policy contracts to see what you’re covered for, what they’re excluding, and whether they will pay out the full amount or only a percentage of the cover. Say, for example, you’re only covered for accidental causes, you can't compare that to a benefit that also covers you for natural conditions.

• Are there any other distinguishing features?Are there any features that stand out between the two offerings 🔍? Insurance providers sometimes offer features like a return of premiums if you don’t claim, future premium discounts or options to convert a policy to something else or to buy more cover in future without having to prove your health.

📌 The bottom line is, we’d love to have you fully insured with Indie 💜, but we also care about your financial well-being. So get yourself clued-up to make smart choices ⭐️.

Now that you know more about converting your existing insurance policy, are you ready to get yourself insured with Indie?

Get Started

Get Started
e

Get life insurance.
Get a Wealth Bonus.
Get living.

Only Indie gives you an investment that creates wealth while you insure yourself.

Get started
e
q

Instant, online, in minutes

or

Let us call you
c