Hey
Sorry if this is in the wrong place.
Me and my partner are just about to get the keys of our house. The closing date is next monday.
Our mortgage/insurance broker has advised us (a lot) that serious illness or income protection cover is something we should really take out.
We're not too sure, at 24 and 25, that we really need this cover. Would we not be better off putting the money away (between €80 and €100 a month) into savings, then maybe look into taking out this kind of cover down the line.
The broker (who has been great throughout) came off slightly like they were on the hard sell when it came to this so that has kinda put us off.
Basically we're confused so any comment would be helpful.
Sorry if this is in the wrong place.
Me and my partner are just about to get the keys of our house. The closing date is next monday.
Our mortgage/insurance broker has advised us (a lot) that serious illness or income protection cover is something we should really take out.
We're not too sure, at 24 and 25, that we really need this cover. Would we not be better off putting the money away (between €80 and €100 a month) into savings, then maybe look into taking out this kind of cover down the line.
The broker (who has been great throughout) came off slightly like they were on the hard sell when it came to this so that has kinda put us off.
Basically we're confused so any comment would be helpful.