Whole of Life Insurance Quotes
Why not save time and money and Compare Quotes from the UK's leading whole of life assurance companies.
A whole of life plan pays out when you die and is often used as a funeral plan or for inheritance tax planning.
Whole of life insurance
invariably costs more than term assurance.
Whole of life
policies can seem attractive because most (but not all) have an investment element and therefore a surrender value. If, however, you cash them in you cancel the policy and lose your life cover.
Where there is an investment element, your monthly premiums are first used to 'buy' units in an investment fund offered by the insurance company. This will calculate the cost of the whole of life cover for the next month and deduct the charge by 'cancelling' just enough units to pay for this life cover.
The investment growth of the fund will depend on how much is being deducted to pay for the whole of life cover. Premiums are reviewed after 10 years and then every 5 years.
Whole of Life
plans are also now available without an investment element and also with guaranteed premiums from some providers. We can also offer single premium whole of life and limited premium whole of life plans.
We are now pleased to able to offer you the facility for an online quote for
Whole of Life Insurance,
but would strongly recommend that you also speak to one of our qualified advisers for some detailed advice.
If you prefer to speak to an adviser, call 0800 458 3525 to discuss your requirements and make the appropriate arrangements for you, making applying for your cover as easy as possible.
As seen in Martin Lewis' 'Moneysavingexpert.com'.
Compare quotes from Top UK Whole of Life Insurance Companies