How many people actually understand fully what the insurance policy they bought is about or do they trust fully what the adviser plans for them?

I'm in the midst of settling my insurance now. Generally I think its good to have a rough idea of what the policy is.

For example, in the case of a multi-ci term plan, it would be good to read through the policy document that specifies when and how you can claim from the plan again when you are diagnosed with another critical illness (or the same one).

Another thing you can do is to meet several FA to cross-reference what they say about the plan (or about other plans), and validate their claims.

Unfortunately the industry is quite sales-driven, and the barriers-to-entry is arguably low. You will definitely chance upon inexperienced or unethical FAs. Therefore the onus also falls on you to understand what you are purchasing.

Thanks to whoever added the other tags..