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Whole of Life insurance

Here we explain more about Whole of Life insurance cover

This type of insurance pays out policy benefits on the death of the life assured whenever death occurs provided that the policy remains in force.

Whole-of-Life assurance     

Premiums are payable either throughout life, limited to a fixed term or a chosen age. Whole of life assurance can acquire a surrender value but should not be seen as an investment policy. Whole of life policies can be written on single life or joint lives (first or second death).

GET INFORMED TO GET A QUOTE:

 Obtain specific financial advice on your personal protection needs. With our guidance find out what insurance you may require and how much cover will protect you and your family. Get informed - before you get a quote - this option is highly recommended and the initial consultation is FREE.

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For more general information about insurance protection and financial advice, read our informative FIVE STEP GUIDE:

Five steps

 

READ MORE ABOUT "WHOLE OF LIFE" COVER:

So what can whole of life policies be used for?  

Uses include:  

- payment of inheritance tax

- to provide a tax-free legacy

- to cover funeral and associated expenses

- to provide a sum of money for the family in the event of the breadwinner dying.

What about the cost ?

We can provide very competitive quotes and would recommend that you speak to an adviser about this type of insurance. It is important that you obtain the best advice possible on the cover available.

 



Winston Financial Planning Ltd is an appointed representative of Virtual Net (Europe) PLC which is authorised and regulated by the Financial Services Authority (FSA). Virtual Net (Europe) PLC is entered on the FSA register (www.fsa.gov.uk/register/) under reference 209569 The information contained in this web site is for general information only and should not be construed as financial, investment or tax advice. The guidance contained within this website is subject to the UK Regulatory regime and is therefore primarily restricted to consumers based in the UK. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

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