Whole of Life insurance cover is a type of insurance which ensures your beneficiaries receive a pay out in the event of your death, to provide financial relief. Whilst it has similarities to life insurance which only pays out should you die within the term of the policy, the difference is that whole of life cover has no end date. Providing you keep paying for the policy, the plan will eventually pay out, as death is an inevitable part of life.
This type of insurance is generally more expensive but most policies only require you to pay premiums up to a certain age. The cost is also dependant on various factors about you, such a sage, health and lifestyle. Policies vary from insurer to insurer, so we will read the terms and conditions of policies carefully to make sure we find the best one for you.