Peace of mind for your family with whole life cover insurance
Whole life cover insurance provides a guaranteed payout to your beneficiaries, regardless of the time of your death. This type of insurance is typically more costly than term insurance, and it is important to ensure that you can manage the premiums throughout your working years and into retirement.
This document serves as a brief overview. A comprehensive policy document will be issued to you upon completion of the application process. The policy will outline the terms, conditions, and restrictions of the coverage offered within the plan.
A complete life insurance policy offers numerous advantages such as:
✓ A guaranteed payout, regardless of when you pass away
✓ Ensure the financial security of your loved ones, bringing you peace of mind
✓ Exemption from inheritance tax if you place your policy in trust
While whole of life cover offers considerable benefits, it may not be the ideal option for every individual. It is crucial to guarantee that your life insurance not only offers adequate coverage for your requirements, but also at a cost that is manageable for you. This is where our assistance can be valuable.
A term life insurance plan comes with a predetermined expiration date and will only provide a payout if you pass away within the specified term. On the other hand, whole life insurance offers coverage for your entire lifetime and guarantees a cash lump sum to your beneficiaries, regardless of when you pass away.
Life insurance for individuals over 50 offers lifelong coverage for seniors aged 50 to 85. It ensures a lump sum payment to your beneficiaries upon your passing, with the added benefit of guaranteed acceptance without the need for a medical exam.
© 2024 By EcMortgage. EC Mortgage Solution Ltd is an appointed representative of Beneficial Ltd, which is authorised and regulated by the Financial Conduct Authority, FCA number 736655. EC Mortgage Solution Ltd is authorised and regulated by the Financial Conduct Authority, FCA Number 974789.
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