How do I audit my existing insurance policies?

List all policies with: cover amount, premium, claim settlement ratio of insurer, term remaining. Check if total life cover = 10-15x annual income (buy term if not). Check if health cover = Rs25+ lakh for family. Surrender all investment-insurance combos (ULIP, endowment). Ensure term policy nominees are updated. Review every 3 years or after major life events.