What is whole of life insurance?
Whole of life insurance covers you for life as long as your monthly premiums are paid and up-to-date.
cover for the life of the insured person as long as the monthly premiums are paid.
Why get Whole of Life Insurance?
Whole of Life can be a great option for over 50′s in particular as it offers certainty that you are covered and will be covered should anything happen to you.
With funerals costing an average of £3200 right now, it can be a worry thinking about what your family or children would do should something happen to you.
The great thing about Whole of Life Insurance is that it guarantees a cash lump sum when you die and usually for a fixed monthly premium, so it is a popular choice if you’re on a budget and need to make sure you keep within that budget each month.