I've been meaning for some time now to review our life assurance policies.
We currently have a basic policy for the two of us taken out about 11 years ago which covers us for about 80k each (payable on first death). We pay about E20 a month for this.
Fast forward to now and we are now in our early forties, no mortgage but 3 children under 5. I would like to put a policy in place which would protect either of us should something happen to the other and protect the kids should something happen to both of us. Maybe we need to look at serious illness also.
Any thoughts on a good reasonably priced policy to cover this? I am not sure what would be a reasonable pay out to look after the kids should something happen.
We currently have a basic policy for the two of us taken out about 11 years ago which covers us for about 80k each (payable on first death). We pay about E20 a month for this.
Fast forward to now and we are now in our early forties, no mortgage but 3 children under 5. I would like to put a policy in place which would protect either of us should something happen to the other and protect the kids should something happen to both of us. Maybe we need to look at serious illness also.
Any thoughts on a good reasonably priced policy to cover this? I am not sure what would be a reasonable pay out to look after the kids should something happen.