“You do not need to update the insurer of any changes to your health or occupation once you have been accepted for the insurance. They will assess your situation at the point of application and your insurance will be based on your circumstances at that time. Your insurance cannot be cancelled by the insurer if your situation changes.

However, if you change your occupation, you could be entitled to a lower premium. In this case, you can request an alteration of policy based on the change in circumstances.

For example: John was a carpenter when he first took out insurance, however after a number of years he has transitioned to an office-based role within the construction industry.

John is now eligible to alter his policy, which could decrease his premium as he has moved from a manual role to an office-based role.”