Last updated: 26 July 2007

Whole of Life

Like its name suggests, this type of policy covers you for life and is often used to cover any Inheritance Tax (IHT) liability that falls due on your death. Premiums are payable until you die, when your estate of beneficiaries will receive a lump sum payment from the policy.

Partnership’s Whole of Life policy is non-profit with guaranteed payments.

Suitable if you:

  • have a substantial estate and need to plan accordingly