Again, Bob is sound and has agreed to be our guinea pig.So he fills in his details and requests a quote using lion.ie’s Life Insurance quoteymajig. We’ve already established that Bob is a smart guy, albeit with a questionable taste in music. Going with a good broker like those legends at lion.ie will help him get the best policy for him and his family. We’d also be able to guide him so that he gets great additional benefits with his policy, like Child Coverage for his future kids.So, Bob wants his kids to be millionaires if he departs before his 55th birthday so he takes out a cool milly in cover.At 25, Bob’s premium looks like this every month.Let’s say he goes with New Ireland, and he lives to be 54 and passes away suddenly with a heart attack while oiling his beard. He’ll have paid €15,570 into his policy.The insurer will pay out €1m.It’s not a bad way to make your offspring millionaires (apart from the whole having to die part)