I joined an Acorn Life Serious Illness plan when I was about 24 - I was a single mum at the time and thought it was wise. I am currently subscribed for about €75 a month, and this covers me and my son for list of serious illnesses for about €250K i think.
Is this excessive, given that I am now 30, and in a stable relationship (but not engaged or married) and have never had a serious health problem?
Is there a policy somewhere through which I could save this money / or have the option of cahsing it all in, and keep similar cover rather than effectively throwing the money to the wind every month?
Thanks in advance.