A Whole of Life Cover policy covers you right up until your death, whenever that may occur. This type of Life Insurance may help towards the repayment of outstanding debts, funeral costs or simply be a sum of money to leave to your dependents or someone else you care about. It can be also useful in Inheritance Tax planning.
Whole of Life Cover can be used to protect your family against a large inheritance tax bill due to Capital Acquisition Tax when you die.