To Get answer to your query within 48 hours from Fiducia Money Experts, Submit your query here:
Home Loans
Loan Against Property
Lease Rental Discounting
Home Loan Balance Transfer
Mutual Funds
Fixed Deposit
Monthly income Scheme
Tax Saving Bonds
Govt of India Bonds
Tax Free Bonds
Systematic Investment Plan
RBI Inflation adjusted Bonds
Life Insurance
Term Insurance
Endowment Plan
Money Back Plan
Children's Plan
General Insurance
Motor Insurance
Health Insurance
Financial Planning
Tax Planning
Retirement Planning
Home >> Life Insurance >> Whole Life Insurance

Whole Life Insurance

Whole Life insurance is insurance for the whole life of the life assured and requires certain premium to be paid every year. It can be single premium policy with or without profits policy. As per the name itself it has no specific term unlike a term plan which is only for a certain period of time. Unlike a term plan whole life insurance accrues cash over time and if you cancel the policy after certain period of time Insurance Company pays the surrender value to you. The cash value is scheduled to be equal to the face value when the policyholder reaches the age of 100.

Whole Life Insurance policy is desgined to leave an inheritance after the death of the life assured. Should you have a query related to Whole Life Insurance submit here.

Our Basic Financial Planning Service is completely Free, Contact now before you take the final decision.