Whole of life insurance provides cover for the life of the insured person as long as the monthly premiums are paid.
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As you get older, it can be very easy to think that life insurance isn’t as important as it once was. If your children have left home and you’re in retirement with no mortgage, the future is perhaps more predictable than it was before.
However, with funerals costing an average of £3200, the additional strain on your loved ones during a very difficult time could be alleviated with life insurance to help cover any bills.
Whole of life insurance can help give you peace of mind for a fixed monthly premium and will guarantee a cash sum when you die.