I'm currently paying the guts of 133 Euro a month on a 213,000 plan over 35 years for accelerated life cover, mortgage protection policy and serious illness cover (I think, I get confused with what's what).
I took this out 3 year ago, now the amount owed on the mortgage is 207000
What I'm looking for is a provider who will accept weekly direct debit payments rather than monthly. The way my wages are and other payments, I feel in a better position to pay weekly. I know I could make the payments to a separate account and then at the end of the month make the payments from that other account to the life assurance, but does this not cost more of an expense???
I genuinely don't know where to turn, all I know is my current provider (Irish Life) won't accept weekly payments.
Any advice and suggestions on best deals and steps I have to take to make the changes will be greatly appreciated.
I took this out 3 year ago, now the amount owed on the mortgage is 207000
What I'm looking for is a provider who will accept weekly direct debit payments rather than monthly. The way my wages are and other payments, I feel in a better position to pay weekly. I know I could make the payments to a separate account and then at the end of the month make the payments from that other account to the life assurance, but does this not cost more of an expense???
I genuinely don't know where to turn, all I know is my current provider (Irish Life) won't accept weekly payments.
Any advice and suggestions on best deals and steps I have to take to make the changes will be greatly appreciated.