In a move to protect your family, as much as your investment portfolios, it’s also important to review your insurance portfolio on a regular basis. According to experts, you must boost your term insurance plan regularly. As per your family’s improving lifestyle and financial needs, you need to increase your coverage accordingly. Also, in the event of your death within your policy term, your family will receive the full sum assured irrespective of the number of pending premiums. An important feature of a term plan is that it offers a big sum assured.