See how our insurance recommendations enhanced Padraig and Maura's life
Padraig is 66 and about to take retirement, he is married to Maura and has two grown up children. He has a small private pension and is also entitled to state pension for himself and his wife, approx €22,000 per annum. He is concerned due to his family medical history that he will die young and his wife will only be left with half the pension which is the case. Equally he does not have enough cash to allow for either burial and wants to cover funeral expenses.
Insure both parties with €50,000 worth of life cover with cover split between 20 year term life cover of €25,000 taking them up to mid eighties and €25,000 whole of life cover which lasts until the insured dies. The whole of life will continue after the main policy term of 20 years at no cost thereby ensuring funeral costs will be covered.... discover more