Thanks for the replies.
I don't think there's anything to lie about even if she felt like it. There's nothing in her medical history that adds to the premium while lying about her age would only cause future complications.
I can see the virtues of PHI, particularly for self-employed, but not necessarily the value at €192 a month. It seems off-the-scale, and therefore poor value, to me.
Investing this amount in a savings plan that would generate a future lump sum (albeit in the more distant future) might seem a more productive alternative, taking into account the risk of a more immediate illness.
Am I wrong in this assessment?