An insurance record helps you organise existing policy information before asking questions. It cannot determine how much cover is suitable for you. Benefits, exclusions and claim conditions must be checked against the actual policy, and personal recommendations should come from an appropriately qualified professional.

What to record

List the policy type, source-document date, selected benefits and the terms you want to clarify. Distinguish an existing recorded amount from a user-entered scenario. Do not treat overlapping headline amounts as proof that one policy is redundant.

A practical example

A record might say 'hospitalisation benefit: see current schedule; exclusion wording requires clarification'. That is more honest than treating a short label as the whole contract. Keep the original documents available for a proper review rather than relying on the generated image.

Build and check your own record

  1. Gather the relevant original records and note their dates. Decide what this summary is for and who, if anyone, needs to receive it.
  2. Open the tool and use minimal, non-sensitive descriptions. Enter only figures you can explain, mark estimates clearly and leave missing information as unknown.
  3. Compare the preview with the sources. Check units, dates and totals, and correct any misleading label before exporting. A generated layout does not verify the inputs.

Keep the original documents

Store the summary securely and review it when its source information changes. Keep important decisions, official notices and professional recommendations in their original records. Ask a qualified professional about suitability, tax treatment or legal effect where needed.

Official reading: MoneySense: insurance basics. Check the current guidance and the requirements applying to your situation.