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Single Mortgage Protection

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.

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