Whole of Life Insurance

Whole of Life Insurance

With whole of life insurance, you can be sure your loved ones are provided for after you die – whenever that may be.  

Whether it’s to make sure the mortgage is paid for, or to get them started in life, whole of life insurance will give you peace of mind, knowing that they’ll receive the money they need, whenever the worst happens. Let us help you find the cover that’s right for you and your needs.    

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Whole of life insurance, sometimes called whole of life assurance, is a life insurance policy that covers you for the rest of your life. Unless you cancel the policy, there is no end date to your cover, so your loved ones are guaranteed a pay-out when you die.

It works in the same way as any other life insurance policy, paying out an amount of money to your loved ones if you die while the policy is in place. The difference between whole of life insurance and term life insurance, is that whole of life lasts for your entire lifetime, while term life insurance lasts for a set number of years.


Whole of life insurance policies are usually linked to an investment, which means that if you no longer need, or can no longer afford the policy, you can cash it in and get some of your money back – this is known as the “surrender value.” However, you should be aware that the surrender value is often lower than the total premiums you may have paid up until the point you cashed in the policy.

That will depend on your own individual circumstances and what it is that you want to achieve. Some people want to cover funeral costs, others want to make sure that the mortgage is paid off, others want to cover things like university fees for their children. Our advisers will discuss what is important to you and help you make the right choice to protect the ones you love.

The premiums for whole of life insurance can be more expensive than term life, but that’s because the insurer will have to pay out at some point. However some whole of life policies don’t require premiums to be paid after a certain point in the policy. Our advisers will help you find the right premium for you.

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Critical Illness Cover

Income Protection

Life Insurance

Whole of Life

Representative example: This is based on £10,000 worth of cover for a 28 year old, non-smoker.