Whenever you take out a new insurance contract that provides some level of cover, you should generally be aware of the following;

Contracts run for a fixed term

Premiums are payable on a regular bases (usually monthly)

Premiums quoted assume the insurance is accepted at “normal” rates for an individual in good health

If you do not suffer a qualifying illness or die during the term the plan it will not pay out

If your circumstances change and you stop paying the contributions cover will cease

During the plan term you may suffer an illness that will affect your future insurability

If you survive the term cover will lapse and you may not be able to get further cover if your health has changed

Policy premiums maybe reviewable in future depending your specific contract

The plan will have no cash value either during or at the end of the term