As financial experts with long-standing business relationships with some of Ireland’s biggest insurance firms, Citywide Financial Solutions can provide the very best whole of life insurance cover quotes. As the name suggests, whole life cover is a lifelong insurance plan. Unlike some other types of cover, it is not limited to a specific term.
Whole of life cover is designed to provide a lump-sum payment to a family following the passing of the policyholder. This lump-sum payment can help with immediate financial burdens like funeral costs and inheritance tax. It also ensures the continued financial stability of a family following a passing.
Whole of life Cover Options
When you decide to opt into a whole of life insurance coverage plan, our financial experts can help determine what your premiums should be. The amount you pay will be determined by factors including your lifestyle and the amount you would like to be covered for.
Once this is agreed the policyholder will pay a set amount every month. In the event of their passing, the agreed amount will be paid to the policy holder’s family.
This type of insurance is straightforward and offers absolute peace of mind.
Whole of life Cover FAQ
How much whole life cover should I be paying?
This depends on a number of factors including your lifestyle and your family’s quality of life. Our brokers can assess your needs and offer advice on the right amount for your family’s unique requirements.
In the event of m death who receives the lump sum benefit?
This amount is paid directly to the policy holder’s family or the beneficiaries named in the policy.