Life Cover/Critical Illness

[limerickmick]

HI.
I currently pay 62€ per month for Life/Critical Illness cover of €87000 with New Ireland and both myself and my wife are covered.We have one kid.Policy is due to expire in 2016 to tie in with mortgage.
I would appreciate advice if this is a suitable policy or would i be better off taking out a different type policy?

Regards in advance for any responses.

 

[MichaelBurke]

A lot of variables to take into account, what other types of protection do you have, if any. Are you self employed or if you do fall ill will your income cease? €62 is a lot but serious illness costs a good bit more than the basic life policy. Maybe consider income protection instead, but discuss it with your broker, do you need review the market again, if you don't have a broker get one from the following link
http://www.goldenpages.ie/search/insurance.html