Alex is a 40 year old teacher on an income of €55,000 per annum. He is a non-smoker and is a buying an investment property. His mortgage will be €210,000 over a 25 year term. He is looking for a mortgage protection policy to cover his life over the term of the mortgage.
Alex took out a mortgage protection policy for €210,000 over a 25 year term at premium of €20pm.