Whole of life insurance is a type of life insurance policy which ensures that when you pass away, your loved ones will be financially protected.
Whole of life insurance is a guaranteed payout, as long as the premiums are paid.
The premiums will remain the same unless you choose to increase your cover which will increase the benefit amount.
It is very important that the premiums are affordable for you, as you will have to continue payments once you’ve retired. Failure to do so will result in the policy being cancelled.
If you are ready to set up a guaranteed payout for your loved ones, Finsure are able to support you in looking for the best whole of life insurance options.