Common Whole of Life Insurance questions.

Common Whole of Life Insurance questions.

Please contact us with your Insurance query

Please contact us with your Insurance query

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Simply enter your details below for us to help you.

By submitting  information through this website, you have given your agreement to receive verbal contact from us to discuss your insurance requirements. You voluntarily choose to provide personal details to us via this website. 

Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 2018.  You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.

By submitting this data, I am consenting to the use of my data in line with our  Privacy Policy

By submitting this data, I am consenting to the use of my data in line with our  Privacy Policy

What is a Whole of Life insurance policy?

What is a Whole of Life insurance policy?

A Whole of Life policy pays out a lump sum whenever you die, whenever that may be. This could be used to pay a potential Inheritance Tax Liability.

A Whole of Life policy pays out a lump sum whenever you die, whenever that may be. This could be used to pay a potential Inheritance Tax Liability.

How does a life assurance policy work?

How does a life assurance policy work?

Life Insurance policy ensures peace of mind that your loved will be protected with a lump sum or income, should the worst happen. 

Life Insurance policy ensures peace of mind that your loved will be protected with a lump sum or income, should the worst happen. 

Can I cash out my Whole of Life insurance policy?

Can I cash out my Whole of Life insurance policy?

If your Whole of Life policy has a cash value, you can withdraw cash from it. You may also wish to use the policy for loan collateral, or surrender or sell the policy.

If your Whole of Life policy has a cash value, you can withdraw cash from it. You may also wish to use the policy for loan collateral, or surrender or sell the policy.

How much does Whole of Life insurance cost?

How much does Whole of Life insurance cost?

The cost of a Whole of Life policy will depend upon your age and health. A further cost factor is whether you wish for your policy to have a cash value.

The cost of a Whole of Life policy will depend upon your age and health. A further cost factor is whether you wish for your policy to have a cash value.

What is the average Life Insurance cost per month?

What is the average Life Insurance cost per month?

The amount you pay will depend upon your age, health and the type of policy that you choose.

The amount you pay will depend upon your age, health and the type of policy that you choose.

Inheritance Tax Liability

Inheritance Tax Liability

Pay off debts

Pay off debts

Gifting to Family & Friends

Gifting to Family & Friends

Gifting to Charity

Gifting to Charity

The Whole of Life Process

The Whole of Life Process

Working with HB Partners

Working with HB Partners

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An informal introductory conversation

An informal introductory conversation

Our protection experts will work with you to understand your risks. We will then take you through the options available, and answer your initial questions, such as level of cover required and cost.

Our protection experts will work with you to understand your risks. We will then take you through the options available, and answer your initial questions, such as level of cover required and cost.

We will look for the most appropriate insurance product to suit your circumstances. 

We will look for the most appropriate insurance product to suit your circumstances. 

Our Expert Recommendation

Our Expert Recommendation

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The right Whole of Life Insurance for you

The right Whole of Life Insurance for you

Our experts will calculate the amount of cover required, then compare the relevant providers that meet your needs. We will then discuss the choice of providers and options available to you.

Our experts will calculate the amount of cover required, then compare the relevant providers that meet your needs. We will then discuss the choice of providers and options available to you.

Once you are ready to proceed, we will submit an application on your behalf. We will manage all of the paperwork and update you with progress on your case, right through to completion.

Once you are ready to proceed, we will submit an application on your behalf. We will manage all of the paperwork and update you with progress on your case, right through to completion.

Full Application

Full Application

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. The lump sum could be used for the following,

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. The lump sum could be used for the following,

What is 3 + 5 =

What is 3 + 5 =

Meet the Team

Meet the Team

ARE WHOLE OF LIFE POLICIES WORTH IT?

ARE WHOLE OF LIFE POLICIES WORTH IT?

A Whole of Life policy is often used to help families with an Inheritance Tax liability. Written under a trust, the policy can pay a lump sum to your beneficiaries for this purpose. 

A Whole of Life policy is often used to help families with an Inheritance Tax liability. Written under a trust, the policy can pay a lump sum to your beneficiaries for this purpose. 

DOES A WHOLE OF LIFE POLICY HAVE A SURRENDER VALUE?

DOES A WHOLE OF LIFE POLICY HAVE A SURRENDER VALUE?

Some whole of life policies generate cash value, but others do not. A cash surrender value is an amount that you can withdraw if your policy lapses or you surrender the policy. Please contact us for further clarification.

Some whole of life policies generate cash value, but others do not. A cash surrender value is an amount that you can withdraw if your policy lapses or you surrender the policy. Please contact us for further clarification.

HOW DOES A WHOLE OF LIFE POLICY WORK?

HOW DOES A WHOLE OF LIFE POLICY WORK?

This type of life assurance pays out a lump sum when you die, with no time restrictions.

This type of life assurance pays out a lump sum when you die, with no time restrictions.

WHICH IS BETTER, TERM OR WHOLE OF LIFE INSURANCE?

WHICH IS BETTER, TERM OR WHOLE OF LIFE INSURANCE?

Term Insurance provides cover over a set period of time, such as the duration of a mortgage. Whole of Life Insurance provides a pay-out whenever you die. 

Term Insurance provides cover over a set period of time, such as the duration of a mortgage. Whole of Life Insurance provides a pay-out whenever you die. 

We work with the UK's leading insurance providers, helping you to protect yourself, your loved ones, and your business.

We work with the UK's leading insurance providers, helping you to protect yourself, your loved ones, and your business.

Frequently Asked Questions

Frequently Asked Questions

If you have a specific question, click the button below, and we will do our best to answer this for you.

If you have a specific question, click the button below, and we will do our best to answer this for you.

Why use us?

Why use us?

We don’t sell. We listen objectively and identify financial risks which allow us to put in place the best insurance policy available.

We don’t sell. We listen objectively and identify financial risks which allow us to put in place the best insurance policy available.

We have over 25 years' experience in the mortgage industry, offering a wealth of knowledge and the highest standards of professionalism. 

We have over 25 years' experience in the mortgage industry, offering a wealth of knowledge and the highest standards of professionalism. 

We have access to technical insurance portals to analyse the best providers and policies across the whole of the market.

We have access to technical insurance portals to analyse the best providers and policies across the whole of the market.

We provide expert professional advice to homeowners and first time buyers on mortgages, remortgages and buy to lets.

We provide expert professional advice to homeowners and first time buyers on mortgages, remortgages and buy to lets.

Where necessary, we have direct access to senior underwriters in some of the biggest insurance providers in the UK.

Where necessary, we have direct access to senior underwriters in some of the biggest insurance providers in the UK.

We are qualified to advise you on your equity release requirements.

We are qualified to advise you on your equity release requirements.

Home > Life Insurance > Whole of Life

Home > Life Insurance > Whole of Life

Mark Culham 

Adviser & Co-Founder

Mark Culham 

Adviser & Co-Founder

Steve Jascourt

Adviser & Co-Founder

Steve Jascourt

Adviser & Co-Founder

"I get satisfaction about having ‘real’ conversations with people about why having the right cover in place is so important. I also take a lot of comfort from knowing that our clients are covered should the worst happen."

"I get satisfaction about having ‘real’ conversations with people about why having the right cover in place is so important. I also take a lot of comfort from knowing that our clients are covered should the worst happen."

“Arranging mortgages for my clients impacts positively on their lives, and gives me immense job satisfaction. When a client returns for repeat business, or refers family and friends to me, I know that I have done a great job.”

“Arranging mortgages for my clients impacts positively on their lives, and gives me immense job satisfaction. When a client returns for repeat business, or refers family and friends to me, I know that I have done a great job.”

What our clients say

What our clients say

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