My wife and myself have a critical illness policy of 50k (with some life cover) which is due to expire in 7 years time when I'll be 62 and
my wife 61. At that stage the last of our kids will hopefully be able to look after themselves. We took out the policy 12 years ago and pay 62E
a month.
A financial adviser I know is encouraging us to drop our existing policy and take out a new 20 year policy - he says it is vital we have cover
when we retire and beyond. This would cost at least 130 euro pm which is a stretch for us!
Would love to get people's opinion on critical illness at this stage of life.
my wife 61. At that stage the last of our kids will hopefully be able to look after themselves. We took out the policy 12 years ago and pay 62E
a month.
A financial adviser I know is encouraging us to drop our existing policy and take out a new 20 year policy - he says it is vital we have cover
when we retire and beyond. This would cost at least 130 euro pm which is a stretch for us!
Would love to get people's opinion on critical illness at this stage of life.