Whole of life plans, also known as life assurance, give you cover for your entire life. When you die a lump sum can be used to meet your debts or can be left to someone.
Whole of life plans offer
An investment component which means that your premiums are invested during the lifetime of the policy. This builds up a cash value which you may be able to withdraw or borrow against
A withdrawal clause that allows you to cancel the plan and receive a cash surrender value
Resources
Discover our guides, reports, free-to-use tools and download our data release schedule
If you have a policy, want to buy some cover, or just want more information:
Read through your policy and / or talk to your insurer.
Talk to a financial adviser or insurance broker through unbiased.co.uk or the British Insurance Brokers' Association (BIBA) website to find out more about whole of life plans.
Shop around to find out more on how to buy the best whole of life plan for you.
