Latest NewsWhole Life Plan
The easy way to help your loved ones when you are not there
Nothing can prepare your family and friends for the pain of death, but you can help ease one of the pressures through sound financial planning.
Increasing funeral and legal fees mean that in the UK today, the average funeral costs in the region of £2,500 and the last thing your loved ones will want to worry about, is finding the money to cover those costs.
The Whole Life Plan is designed to help you ease their burden, providing a lump sum, payable to your dependents when you die to use however they want.
As the name suggests, this policy is designed to run for the whole of your life until you die. You decide in advance the minimum guaranteed payment you want your family to receive when you die.
Your beneficiary can receive a cash lump sum
While the value of investment can go down as well as up, The Whole Life Plan can provide a cash lump sum which may be paid to your dependents, provided you keep up your payments.
Your premiums will be lower than for an Endowment, but you will pay them for longer. If you want to stop paying premiums, your policy can be made paid up for a lower sum assured.
