Sunday 11 December 2016

Think about alternatives to spending €100k on insurance you may never use

Published 25/04/2015 | 02:30

With a decent package costing more than €1,000 a year, a couple can expect to pay well in excess of €100,000 over the next 50 years for insurance they may well never use
With a decent package costing more than €1,000 a year, a couple can expect to pay well in excess of €100,000 over the next 50 years for insurance they may well never use

Private health insurance is one option when it comes to health but it is important to remember that there are alternatives.

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With a decent package costing more than €1,000 a year, a couple can expect to pay well in excess of €100,000 over the next 50 years for insurance they may well never use.

Remember that a couple who invested that sort of money in the stock market year after year would be likely to end up with an investment fund of anywhere between €200,000 and €300,000 which could go a long way to meeting the cost of any treatment or service needed in old age.

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