Hi there,
I'm about to take out a joint life assurance policy with a well known life assurance company who are linked to one of our main banks here in Ireland.
I'm looking at a 25 year term policy with life assurance at 300,00 and critical illness at 75,000. I'm 33 and my hubby is 29. We're both non smokers. It works out at E82.05 per month. I'm tempted to change the term to 30 years as we're only starting our family now. Baby one is here but by the time baby two and three arrive i'll be around 37. The price however, is quite expensive. It's E120.00 with the conversion option.
I also noticed that another poster in another life assurance forum had problems when he tried to renew his life assurance policy at the age of 60. He was talking about compound interest at 70% and the likes! My kids will need protection until there over 25 at least.
Can anyone advise me please? I have a guy hounding me for the life assurance company saying that if I don't go with is quote today then the premium will increase? Is this normal or is it what I think - pushy sales man?
I'm about to take out a joint life assurance policy with a well known life assurance company who are linked to one of our main banks here in Ireland.
I'm looking at a 25 year term policy with life assurance at 300,00 and critical illness at 75,000. I'm 33 and my hubby is 29. We're both non smokers. It works out at E82.05 per month. I'm tempted to change the term to 30 years as we're only starting our family now. Baby one is here but by the time baby two and three arrive i'll be around 37. The price however, is quite expensive. It's E120.00 with the conversion option.
I also noticed that another poster in another life assurance forum had problems when he tried to renew his life assurance policy at the age of 60. He was talking about compound interest at 70% and the likes! My kids will need protection until there over 25 at least.
Can anyone advise me please? I have a guy hounding me for the life assurance company saying that if I don't go with is quote today then the premium will increase? Is this normal or is it what I think - pushy sales man?