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Whole Of Life Insurance, Planning, Advice, Services Contact Sabre Financial Kingsbridge, Salcombe, Totnes, Devon

Whole Of Life Insurance.

What is Whole Of Life Insurance?

Whole of life polices are intended to provide the insured person's family or estate a sum of money when the member dies. By definition, the Whole Of Life policy remains in place for the rest of the insured persons life however, some policies do not require the consumer to keep paying premiums once they have reached a certain age.

Whole Of Life Insurance Advice, Planning, & Services from Sabre Financial Kingsbridge

Payment is either a lump sum at the outset or a premium every month.

Whole of Life insurance may be more expensive, but unlike term assurance, which limits cash payouts to a set time scale, it will pay out benefits to surviving partners and your dependants, whenever you die. 

Another advantage is when the age specified by the policy is reached – often between 70 and 80 years old - you will no longer pay premiums, but will still have the reassurance of cover for the remainder of your life. The proviso is you must keep up payments until then, with no break in cover. 

Below, you can can find out more about Whole of Life Protection Insurance but if you want to talk to one of our experienced

Whole of Life Protection Advisers please call, email or use our contact form.


Simply call us on 01548 856444 or

Request A Consultation

Who Does A Whole Of Life Insurance Policy Suit?

  • People who want longer reassurance and something to show for their monthly premiums, no matter when they die. 
  •  When a payout will definitely be needed, for example, to cover an inheritance tax liability of a large estate, or if you want to guarantee your children a cash inheritance.

It is important to choose a life assurance vehicle that continues to meet your evolving family needs. These are long-term plans, so before acting, ask us about your options and what the financial implications will be.

How Much Life Insurance Cover is Enough?

There's no great theory behind this. Some advisers use the 'ten times your annual salary' approach. But like anything linked to money, it's personal to your circumstances and depends on your lifestage, your partner's income, plus other investments and equity you hold.

The key is to consider your current salary or contribution and the level of income your dependents would need to maintain their lifestyle until they are fully self-sufficient. It is certainly more complex than a simple replacement salary. Many factors should be considered. 

The process we might take you through could include:

  • Examining your mortgage and outstanding debt, such as loans and credit cards held in your name. You would need at least enough to cover the balance outstanding.
  • Looking at your life in detail. 
    • How many children do you have? 
    • What ages are they? 
    • Will they need childcare? 
    • How much longer do they have left at school? 
    • Do they have aspirations to attend university?
  • What associated savings would there be? One car instead of two to run? Reduced energy, council tax or shopping bills?
  • Looking at your partner's current and projected income. If they have a stable career and good income, he or she may not need as much as a partner with no income of their own.

What Value Do You Have Of Yourself?

Putting a price on your life is hard. The important thing is to never undervalue the personal and financial contribution you make. If you need help, we can tailor cover to meet your individual circumstances and evolving family needs. 

Talk to a Whole Of Life Insurance Adviser

Get in touch with one of our Whole Of Life Insurance Advisers to help you review your options.  

Simply call us on 01548 856444 or

Get Whole Of Life Insurance Advice