This is a life assurance policy designed to cover the policyholder throughout their entire life (single or joint life) and pays out the full sum insured on death at any time (as long as the policy is kept in force). It guarantees to pay out when the life assured dies but does not, generally, guarantee the amount. The premium and sum assured is dependant upon the age, gender, health and lifestyle of the life assured.

Typically the policy holder’s contributions are invested and the life assurance benefits are purchased from the fund. Fund performance, charges, mortality rates, investment returns all affect the level of future benefits with review dates often being used by the company to compare the value of the plan with the benefits it is to provide. Premiums and, or benefits can be altered accordingly.

To get cover for your whole life ring 0845-6756749 or clicking here now.