Paula, aged 40 is married to Tim who is 42 years old. They are both non-smokers.
Paula stays at home to look after their child, aged 8 and Bill earns 52,00 per annum. They decided to take out a €150,000 life cover policy on Paula and a €400,000 policy on Tim for a term period of 17 years until their child reaches the age of 25. Their monthly cost is €46.67.