Just looking for some opinions please:
I am fortunate to have cleared my mortgage and have 200K+ in savings (5yr state savings scheme & on deposit for 1yr and some shares). My salary covers living expenses and I am managing to save approx 500 per month. My question is - would it be a good idea to take out a life assurance policy on me and the wife? I am married with kids but never continued life assurance once mortgage was cleared
Cheers
I am fortunate to have cleared my mortgage and have 200K+ in savings (5yr state savings scheme & on deposit for 1yr and some shares). My salary covers living expenses and I am managing to save approx 500 per month. My question is - would it be a good idea to take out a life assurance policy on me and the wife? I am married with kids but never continued life assurance once mortgage was cleared
Cheers