Partner A, pudds.
Age 65
Non Smoker.
Income: €180 Job Seekers Allowance
Savings: €30k
House: Owner occupier, no mortgage, value, under 100k
Partner B,
Age 51
Smoker (The only bit of comfort they have) x rays results are clear.
Income: €188 Disability Allowance (Progressive Disability since birth)
Savings: Nil
Employability Prospect, zero
I'm really only worried should my partner die before me (financially) and say my savings were down to 10k funeral costs would take most of that and I'd be left with no safety net should the house need urgent work or I need urgent health care.
I got an ins quote for my partner, which was for 50k for 15yrs @ €29.40 pm, total €5292.
Would I be mad to take this out, my heart says yes, but it would give a bit of comfort zone for a few years. Can't get me head around it.
Age 65
Non Smoker.
Income: €180 Job Seekers Allowance
Savings: €30k
House: Owner occupier, no mortgage, value, under 100k
Partner B,
Age 51
Smoker (The only bit of comfort they have) x rays results are clear.
Income: €188 Disability Allowance (Progressive Disability since birth)
Savings: Nil
Employability Prospect, zero
I'm really only worried should my partner die before me (financially) and say my savings were down to 10k funeral costs would take most of that and I'd be left with no safety net should the house need urgent work or I need urgent health care.
I got an ins quote for my partner, which was for 50k for 15yrs @ €29.40 pm, total €5292.
Would I be mad to take this out, my heart says yes, but it would give a bit of comfort zone for a few years. Can't get me head around it.