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Peter is a 45 year old separated father of three children. He is a non-smoker and earns €62,000 per annum. He took out a life policy on himself for €600,000 over a 16 year term until his youngest child reaches the age of 25.

He did this to ensure there was financial security for his children in the event of his premature death. His monthly cost is €64.56.

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