Think about alternatives to spending €100k on insurance you may never use
Published 25/04/2015 | 02:30
Private health insurance is one option when it comes to health but it is important to remember that there are alternatives.
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.