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What is Whole Life Insurance Policy?
Opting for a more traditional life assurance plan? Whole Life insurance is a permanent cover that provides security for the beneficiaries of the policy holder in the event of death. It covers individuals for the duration of their life as long as the premiums, which are fixed, are paid on time. The policy matures and payments disbursed to the listed beneficiaries upon the death of the life assured. The policy does not expire and will stay in effect until the unfortunate event of the life insured or if the policy is canceled as long as the premiums are being paid.
To get Whole Life Assurance please click GET STARTED.
Who is the Policy For?
Persons looking to transfer wealth to their dependents.
The minimum age at entry is 18 years while the maximum age at entry is 65 years.
The policy will remain in force as long as you live and provided that premium payments have been made.