Many years ago I took out a life cash cover which is for 250k. I could never get income protection due to my job.
I'm currently reviewing all my protection policies and have considered changing the life cash cover for specified illness, as I get older.
I have 170k death in service benefit and mortgage cover in place.
I can get 120k specified illness cover for slightly less cost than the life cash cover, but both together is too expensive.
I'm thinking this is a better option as my kids are late teens and it suits my position better.
Any thoughts ?
I'm currently reviewing all my protection policies and have considered changing the life cash cover for specified illness, as I get older.
I have 170k death in service benefit and mortgage cover in place.
I can get 120k specified illness cover for slightly less cost than the life cash cover, but both together is too expensive.
I'm thinking this is a better option as my kids are late teens and it suits my position better.
Any thoughts ?