Guaranteed Protection with Whole Life Insurance
Whole life insurance offers lifelong financial security for you and your loved ones. Discover how whole life insurance can be a cornerstone of your financial planning, providing guaranteed payouts and peace of mind.
Ready to take the next step?
We can provide a quotation from every insurer in the market for you in just one email or call. We don’t share data, and we don’t send your details to brokers, just a great, personal service that saves you time and hassle and ultimately money.
What is Whole Life Insurance?
Whole life insurance is a type of policy that provides coverage for your entire lifetime. Unlike term insurance, which ends after a set period, whole life insurance guarantees a payout to your beneficiaries whenever you pass away, provided premiums are kept up to date.
This makes it an excellent choice for those who want long-term peace of mind and assurance that their family will be financially supported, no matter when they pass away.
Call us now and we will be able to quote you in just 60 seconds. We know you don’t want the big pitch so if you prefer, we can quote you and be led by the questions you want answered, no hard sell and no sharing of data with numerous other people.
Call 0330 818 3433
Key Benefits?
Get a quote from every UK insurer in just 60 seconds. No big pitch, no passing your data to numerous brokers, just a great personal service with no pressure.
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How Whole Life Insurance Works
Whole life insurance provides financial security by guaranteeing a payout to your beneficiaries upon your death. In addition to the death benefit, part of your premiums goes towards building a cash value, which can be accessed during your lifetime.
This makes whole life insurance not just a death benefit but also a financial tool for long-term wealth planning.
Who Should Consider Whole Life Insurance?
Whole life insurance is suitable for individuals who want lifelong coverage and financial stability for their families. It is especially beneficial for those interested in using their policy for estate planning, leaving a legacy, or simply ensuring that loved ones are taken care of no matter what happens. Whole life insurance is also ideal for individuals who like the idea of building cash value that can be accessed if needed, providing a safety net for unexpected life expenses.
Is whole life insurance expensive?
Why Choose Executive Life for Whole Life Insurance?
At Executive Life, we provide flexible whole life insurance solutions tailored to fit your financial goals.
We offer:
Client Reviews
Smooth process, easy to deal with and most importantly they saved me a lot of tax by switching my policy to one that could be paid for by the business.
Recently used them for relevant life and income protection. Professional and informative.
I set up shareholder protection policies for me and my business partners through Executive Life. They found us competitive quotes and the process was swift. I would highly recommend to other company directors.
Executive Life helped me find the best deal for my life insurance policy and also my income protection policy. It was very easy and the process took no time at all - I would highly recommend them!
Very happy with the service and process I went through. They explained how the income protection policy worked and how it would be tax efficient for me through my limited company.
£20,787 Saving With Relevant Life Insurance
Mr Jones is the Director of Jones & Co Limited and is looking for a £1,000,000 life insurance policy. He could pay for a policy personally from taxed income, or he could pay for a relevant life cover through the company. He is a higher-rate tax payer.
The premium for both types of policy is identical and both are offered by L&G in this example. The premium for £1,000,000 cover is £85 a month and the policy will last for 20 years.
If Mr Jones needs to withdraw £85 net a month from his company to pay for the premium on a personal policy, the cost to the company would be £155.46. The increased costs take into consideration the corporation tax and dividend tax paid by the company and Mr Jones to receive a net £85.
If the premium was paid by the business via relevant life cover, then the business would receive corporation tax relief on the £85 a month premium. This would reduce the real cost to £68.85 and save Mr Jones £20,787 over the lifetime of the policy.
Find Out How Much You Could SaveWhole Life Insurance vs. Term Life Insurance
A side-by-side comparison to help you understand why a relevant life policy might be better for you than other options
Whole Life Insurance
- Provides lifelong coverage with a guaranteed payout and cash value accumulation.
Term Life Insurance
- Covers a specific period (e.g., 10, 20, 30 years), typically with lower premiums but without any cash value.
Your Questions About Whole Life Insurance Answered
Common questions include:
Can I borrow against my whole life insurance policy?
How does whole life insurance differ from other types of insurance?
What are the next steps?
Finding the right Whole Life Insurance for you and your company can be difficult. There are twelve primary insurers, and obtaining quotations from all of them takes time. You need to know which insurers are more friendly towards things like BMI or minor medical conditions.
At Executive Life, we specialise in finding the right policy for you. We will show you quotations from every insurer in the market so you can choose the right cover for you.
We will also complete all of your application documentation over the phone and save you the hassle of multiple paper application forms and endless admin. Our team will cover all of that for you.
Ready to Secure Lifelong Financial Protection?
Take the first step in ensuring your family’s financial future is always protected.
Our advisors are ready to help you explore whole life insurance options tailored to your needs. Start your journey to lifelong security today.
Fill out the form above to receive a tailored quote for Whole Life Insurance, or call us directly to speak with one of our advisors.
