Whole of Life Insurance

Whole of Life Insurance

Key Takeaways

  • Whole of Life insurance, also known as Life assurance, guarantees a lump sum payout upon death
  • The assurance benefit amount can be for any use. This is generally for funeral expenses, inheritance tax or to settle debts
  • Whole of Life payouts will be included in the value of the Estate unless they are written in Trust
  • Joint life policies are available
  • A Whole of Life policy might not be as suitable as a Term Life insurance policy. Seeking advice around your needs is a good idea

Insurance Advisers

Whole of Life Insurance

Price:19.99

Just a few details will enable the Sunny Fact Find to find your ideal adviser.

NEXT

SHARE