Whole of Life
Whole of life insurance does not have a policy term, it is what it says, it is cover that lasts the policy holder's whole life and will eventually payout in the event of a terminal illness or death of the policyholder as long as the policy is not cancelled beforehand.
It helps you, the policy holder, to make financial provisions in the event of a terminal illness or death. This flexible cover gives you the knowledge and reassurance that any inheritance tax liabilities can be paid, a legacy for your family can be left, and funeral costs can be taken care of.
Please note, although a Whole of Life plan can acquire a cash value its primary purpose is to provide financial protection and should not be seen as an investment vehicle.
To find out more or to arrange a Whole of Life policy with an Adviser please contact using your preferred method of contact below