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What is it?
As the name implies, this type of life assurance pays out when you die, whenever that may be. It is usually a more expensive option than term assurance and unlike term assurance, this plan provides cover throughout your life.
Who is it for?
This type of plan can be used for family financial protection, or as part of Inheritance Tax planning by providing funds to help meet IHT bills. Or it can be used for business protection purposes.
This product is not a savings or investment product, and has no cash value unless a valid claim is made.
For insurance business we arrange policies from a carefully selected panel of insurers.
As with all insurance policies, conditions and exclusions will apply