I have been browsing my Life Insurance Policies and I have a query on one of them.
My wife and I have a With Profit Low Cost Endowment Policy and we are paying 110 euro a month for the 2 of us. The policy is for 16 years
The benefit is 25400 euro at the end of 16 years or on death if before.
I have worked out that over 16 years I will actually pay 21,120 euro.
This does not seem good value to me.
Does anyone have an opinion on this please
My wife and I have a With Profit Low Cost Endowment Policy and we are paying 110 euro a month for the 2 of us. The policy is for 16 years
The benefit is 25400 euro at the end of 16 years or on death if before.
I have worked out that over 16 years I will actually pay 21,120 euro.
This does not seem good value to me.
Does anyone have an opinion on this please