I signed up for LIMITED PAY REVOSAVE. It was on impulse. Please enlighten me if its the right move..?

I will cancel after I assess and think it is not needed

Free look it! You can get out without loss/penalty during initial period just for this case. There is a 2 week window so get going ASAP.

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Insurance products generally only provide value if you keep for long term and you need to stick to the premium schedule. If you can't meet the future premiums on time there may be substantial loss to you.

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If you say impulse - it means the sales agent didn't do enough on the front end to get you understanding and comfortable with the policy - free look it; you can buy again after they have done their job properly.