Hi,
You may have already discussed this, not sure, but here it goes.
My Dad is 70 next year. He is considering taking out an Over 50s Life Assurance Policy with One Direct - via the post office.
It's €92 per month. It gives out €10,070 after year 3, if god forbid he might .. you know what!.
He's in good health, and like his parents I can see him living to close or into his 90's
After 85 he would not have to pay - cover would remain in place. If he did pay until he reaches 85, he will have paid €16650 - sweet deal for One Direct!!!
He does not have much disposable income. I suppose what I'm after is, is this a good policy or could he get a better policy elsewhere?
You may have already discussed this, not sure, but here it goes.
My Dad is 70 next year. He is considering taking out an Over 50s Life Assurance Policy with One Direct - via the post office.
It's €92 per month. It gives out €10,070 after year 3, if god forbid he might .. you know what!.
He's in good health, and like his parents I can see him living to close or into his 90's
After 85 he would not have to pay - cover would remain in place. If he did pay until he reaches 85, he will have paid €16650 - sweet deal for One Direct!!!
He does not have much disposable income. I suppose what I'm after is, is this a good policy or could he get a better policy elsewhere?