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Whole of life assurance

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  Please note :-
Due to the nature of whole of life insurance and the way that this type of cover is regulated we use the services of a partner company called Life-Ins.co.uk as such when you click on the quote me now button the quote engine you will see is supplied by them. Please don't worry as you will still receive the same excellent discounts you would have received here at CheaperLifeCover.co.uk.


Whole of life assurance is life cover that will pay out on death regardless when death actually occurs.

This could be in the early years of the plan or it could be when the life assured is over a 100 years old. As long as they have maintained the premiums to the plan the plan will pay out.

Unlike term assurance whole of life assurance does build up a cash value.

A lot of people choose to buy whole of life cover for this reason because they don't like to be paying insurance and stand a chance of getting nothing out of it and this is always a risk with term insurance.

However as an effective savings vehicle whole of life insurance is quite poor. This is because its main job is providing life insurance, its secondary job is generating a cash value and for this reason if you are looking for a way of spending your money to provide life cover with a bit of savings there may be more effective ways.

If this is important to you or for more information on this ring us on the number below and we can discuss it further.
 
Whole of life assurance

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0800 083 60 50

 

 

 



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