MCPOLIN FINANCIAL SERVICES
Whole of Life Cover
You may not think you need as much life insurance once you’ve retired or paid off your mortgage. But the need for cover doesn’t end. Whole of life insurance (WOL) guarantees the payout of a lump sum whenever the policyholder dies, so long as the monthly premiums are maintained.
Protect you for your entire life.
The difference between whole-of-life insurance and term insurance is that term insurance only runs for a set period. If you die in that time, it pays a tax-free cash lump sum (under current legislation tax year) to your loved ones, but if you live beyond the term, your plan has no cash-in value.
You won’t get any return on your premiums.
Whole of Life Cover is life cover that lasts for as long as you need it so you can be reassured that no matter what happens in your life, you’ll be covered.
Insurance Features
Here are some of the reasons why Whole of Life Insurance could be good for you:
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Lifelong protection (unless you cancel your policy)
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A choice of future premium calculations – pick from three Whole of Life plans, you can pay for your cover in a way that suits you.
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A guaranteed payment on death paid to your loved ones (usually your beneficiaries)
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Five-star Defaqto rated – Our Whole of Life Insurance has been independently rated and awarded top marks.
Ready To Get Cover?
All it takes is a couple of minutes.
