Whole of life is a form of insurance that is guaranteed to pay out a sum of money when you die or are diagnosed with a terminal illness. Unlike other forms of life insurance, a Whole of life policy does not come to an end when you reach a certain age, it lasts for the whole of life.
A Whole of life insurance plan can help you protect your assets, contribute to funeral costs, offset any potential Inheritance Tax liabilities or provide your family and loved ones with a lasting legacy.
There are now some Whole of Life policies that can also provide funds to provide life-long care. As it is estimated that around one in three people will require some form of care before they die, these policies can provide essential funds and peace of mind.
Who is a Whole of Life policy suitable for?
Anyone that wishes to provide for their family after they have died
Anyone wishing to provide funds to cover funeral costs
Anyone that might have a potential Inheritance Tax liability
Anyone who wishes to plan for long term care (only available with Whole of life with care cover)
Specialist Protection is the trading name of Ann Griffiths Ltd and is an Appointed Representative of Stonebridge Group which is authorised and regulated by the Financial Conduct Authority in respect of insurance activities only.
As with all insurance policies, conditions and exclusions apply. Your home may be repossessed if you do not keep up repayments on your mortgage.