A Whole Of Life insurance policy provides cover for the duration of your life rather than for a fixed term. That means that, whenever you die, your loved ones will receive a cash lump sum no matter what happens providing premiums are paid when due. This can be used for expenses such as inheritance tax, university costs, everyday living expenses, funeral costs etc.
A Whole Of Life Policy is exactly that, it covers you for your entire life.
With all these types on life insurance there is no cash in value so if you stop paying your premiums you cover ceases and you get nothing back.
Life protection is provided by our sister company KD Walker Mortgage Specialist. For further information click here