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Stephen & Amelia

Dual Life Convertible

Stephen and Amelia are both 40. Stephen is a smoker and Amelia gave up smoking 18 months ago. They have no children and a small mortgage remaining on their home.

However, they have no life assurance to cover the event of either of them dying to ensure the financial stability of the remaining spouse. They took out a €200,000 Life policy for 20 years to protect each other financially in the event of either dying prematurely. The monthly cost is €33.88

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