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Cheap Whole Life Insurance

Whole life insurance came about when some policy holders became dissatisfied with term insurance policies which were the standard life insurance policy at the time. They did not like the idea of paying premiums and having the chance of not getting any payout upon death if they die outside the term time. Instead of this, whole life insurance was created to cater for people who wish to pay premiums, either regularly or in one lump payment and be covered over their entire life in order to gain a payout no matter what.

There are six traditional forms of life insurance: non-participating, participating, indeterminate premium, economic, limited pay, single premium and interest sensitive. Not all companies offer all these types and they can often be referred to as different names.

Here at cheap.co.uk we offer whole life insurance at great rates to give you and your family peace of mind in case the worst does happen. Simply click the button above and fill out a short form where an advisor can contact you about your life insurance requirements.

 

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