Company Information
Whole of life assurance
With this type of policy it is designed to pay out a lump
sum upon death whenever that may occur, assuming you keep
the policy in force. This type of policy combines life cover
with an investment element and unlike term assurance, doesn't
have a fixed term.
Whole life polices can be set up on a minimum, standard
or maximum cover basis. With the maximum level of cover
you get the highest possible level of life cover for your
premiums.
Standard cover is the level which should sustain itself
over the duration of the policy. On the minimum level of
cover you receive the lowest level of cover for your premiums.
Reviews will take place usually after 10 years, where there
could be a premium adjustment or reduction in the sum assured.
This type of policy is not available on this site, though
it is through our partner, Yours4Money.com
