Whole of Life 

Whole of life policies pays a cash lump sum of money to your family in the event of your death or upon diagnoses of a terminal illness. The aim of the plan is to pay out whenever death occurs. The money paid can be used towards funeral expenses, living expenses, inheritance bills etc.

To be eligible for a whole of Life policy you must be over the age of 18. The policies are underwritten which means you will need to answer health and lifestyle questions. 

A whole of Life policy will remain in force for the rest of your life and with some insurance companies, you may be able to stop paying premiums once you reach a certain age around 70-80 years old. 

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There are differences between a Whole of Life insurance policy and a Level term policy and in order to establish which is right for you, its important to speak to a Financial advisor who can help you work out whether you will need a whole of life or level term life insurance, the level of cover you need and help you establish the exact people who will benefit from your plan in the event of your death. 

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Are you ready to discuss your plans?

It is important to review your existing plans annually to ensure you have the right level of cover in place. Book an appointment with us to review your policies or for us to provide you with advice on what policies you may need. Alternatively, please contact us on 0800 0495949 to arrange a mutually convenient time for a telephone discussion or email us at info@pearlroseinsure.co.uk. There is no cost or obligation. We will have a chat about what you have or need and how you can save money on your insurance.