Whole of Life

Quite often you hear ‘it could never happen to me’ or ‘I’ll sort it out later’. Well the old maxim of “failing to plan is planning to fail” is no better suited to the ignoring of crucial decisions on protection.

What is it?

As the name implies, this type of life assurance pays out when you die, whenever that may be. It is usually, but not always, a more expensive option than term assurance simply because the life assurance company knows that it will definitely pay out at some point.

Many of these plans offer some form of investment content and so can be more flexible than term assurance and can acquire cash in values.

Who is it for?

This type of plan is designed for those who want to leave a lump sum in the event of their death, whenever it may occur.

It can be used to pay off debts that will not be repaid during your lifetime.

For those who want to leave a lump sum to pay a potential inheritance tax liability. As Independent Financial Advisors we can help you find the plan that best meets your requirements.

Your home may be repossessed if you do not keep up repayments on a mortgage.

Best Mortgages Direct is a trading style of Easychoice Finance Limited who are authorised and regulated by the Financial Conduct Authority (FCA 835504). Registered office: 428 Downham Way, Bromley, Kent, BR1 5HR. Telephone 0844 800 9535. To view our privacy statement please click here. This site is only directed at persons within the UK. Calls may be recorded for training and monitoring.