Whole of Life Insurance
Personal Life Policies
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What is Whole of Life Insurance?
This is life insurance that pays out to your family and loved ones when you die. It makes sure that your family is financially protected in the future, no matter what.
Whole of life insurance only ends when you die, which means there is a guaranteed payout.
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How does it work?
You can choose a cover amount thats affordable for you with the peace of mind that as long as you continue to pay for the plan you will get a guaranteed payout irrespective of your age when you pass away.
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Do I need to take it out?
Whole of life insurance is a selfless policy. Although you will never reap the benefits of a payout, your family will. The money can be used to cover funeral costs, mortgages and help them from overpaying with inheritance tax, as your policy can be written into trust.