Guaranteed Whole of Life

Whole of life can give you peace of mind knowing that your family will receive a cash lump sum whenever you die.

Guaranteed Whole of Life Advice in Kildare

Whole of life can give you peace of mind knowing that your family will receive a cash lump sum whenever you die.

Your family may be liable for inheritance tax on your assets when you die.

This can be a massive burden, forcing them to borrow money or sell part of the inheritance you leave them to cover their tax bill.

Whole of Life Cover (Section 72 policy) removes this burden and protects loved ones from a large inheritance tax bill.

Whole of Life Cover is different from regular life cover in that it lasts for a lifetime and not a specific term.

A whole of Life policy can only be taken out on a single-life basis

Whole of Life policies is usually slightly more expensive than term cover because insurance providers know they will definitely have to pay out at some point.

The benefits:

  • It pays a cash lump sum that can go towards covering the inheritance tax your family is liable for when you die.
  • It means your loved ones are financially protected when you die.
  • You can choose optional benefits for additional peace of mind.
  • It can be used to cover your funeral expense.
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Gwen Clarke Financial Services Ltd’s team of experts offers a wide range of services, including investments, pensions, corporate pensions, mortgages, and life protection. We understand that each of our clients has unique financial needs, which is why we tailor our services to meet your specific requirements. Our goal is to help you achieve your financial goals by providing you with personalized advice and guidance every step of the way. Whether you’re looking to invest for the future, secure a mortgage, or protect your loved ones, we can help. Contact us today to learn more about our services and how we can assist you in your Guaranteed Whole of Life Protection options & application in Kildare, Ireland and in securing your financial future!

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Frequently Asked Questions FAQs about Guaranteed Whole of Life

Can I cancel my Whole of Life Policy?
Yes, you can cancel your policy, but remember if you cancel your policy you will no longer receive any benefits in the future.
Can I cash in my Whole of Life Policy?
Unfortunately with the majority of Whole of Life policies, there is no cash value, sometimes with older policies there may be a cash value along with a death benefit but you will need to check your policy documents.
Why is this type of policy more expensive than other policies?
Because this policy does as it says it covers you right up until your death for your Whole Life whether that be 30 years from now or 60 years from now, the providers know they will definitely have to pay out at some point.
Are there any additional benefits that I can get with a whole of life policy?
Yes, there are, it depends on which provider you go to. some providers will have a built-in facility that will give you access to a doctor or nurse to speak to if you need to or whether you need access to any specialist services they will give you that access at no extra cost.

We can compare all the providers and we can go through with you which one is best suited to your needs.

Can I add my partner onto my Policy?
No. Unfortunately, a whole of life policy is on a single life basis only.