Whole of Life

What is it?

As the name implies, this type of life assurance pays out when you die, whenever that may be. It is usually, but not always, a more expensive option than term assurance simply because the life assurance will definitely pay out at some point, as long as premiums are maintained.

We only offer advice on non-investment Whole of Life policies.

Who is it for?

This type of plan is designed for those who want to leave a lump sum in the event of their death, whenever it may occur.

It can be used for the following;

  • Inheritance tax liability
  • Funeral costs
  • Debts that are likely still to be there when you die.