These combined products (life insurance & investment all together) make it difficult to compare these products.
First of all, you need to decide if you actually want/need that life insurance cover. Then you need to check out the charges being deducted from your policy (contact Irish Life or your broker for details). Then you can compare against other optionis in the market.
cash in policy - invest proceeds as a single premium for 70 euro with www.labrokers.ie and buy €200k worth of convertible term cover for say 20 years again with www.labrokers.ie - you will not get cheaper but they are execution only ie you have to know what you want - no questions
thanks for for all your help folks, i think I might ring john in LA brokers to get some sort of cover for the next 20 yrs.
However I don t have a whole a whole lot of confidence in Irish life ( the company i am with) i have paid in 1`400 euro a year for 14 years and the thing is worth bo didley despite promises to the contrary.
Howewver I am sure I am not the only one in this situation