Quote:
Originally Posted by photon
Dumb basic question.. can you switch insurance in the middle of a renewal cycle? I assume yes but wasn't sure, I've been with TD for so long but with a couple of good suggestions for alternatives here getting motivated to look at switching.
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You can always switch. The better question to ask is how much it might cost you as a penalty to switch ASAP.
I think it depend, so having a broker look over your policy to determine if changing ASAP is OK or if you want to wait closer to renewal to change might be worth considering. I've seen some scenarios in the past where it made more sense for someone to have double coverage for 1-2 months than it was to cancel the original and take the penalty/deal with the admin headache. No idea on the details though, just that I've seen it happen before.