Hi all, Am bit clueless so any advice will be welcome
My husband has mortgage in his name, and had a life policy with serious illness and hosp cover.
Now I'm wondering should we go for a dual life policy? Would it be more cost effective?
We have 2 dependents so we're going for life insurance, rather than mortgage protection(hope I've got that right) and how much over the actual mortgage should we be thinking of? 50,000 or 100,000? other?
Think serious illness cover would also be good idea, if the worst hapens? How much? BTW I'm 26 and hubby is 33. Don't think we really need hosp cover?
I'm arranging to meet Finanial advisor, but would like to know what I'm delaing with first, and are online companies just as good (e.g. 123.ie, LAbrokers, etc)
Thanks in advance
My husband has mortgage in his name, and had a life policy with serious illness and hosp cover.
Now I'm wondering should we go for a dual life policy? Would it be more cost effective?
We have 2 dependents so we're going for life insurance, rather than mortgage protection(hope I've got that right) and how much over the actual mortgage should we be thinking of? 50,000 or 100,000? other?
Think serious illness cover would also be good idea, if the worst hapens? How much? BTW I'm 26 and hubby is 33. Don't think we really need hosp cover?
I'm arranging to meet Finanial advisor, but would like to know what I'm delaing with first, and are online companies just as good (e.g. 123.ie, LAbrokers, etc)
Thanks in advance