Whole of Life Insurance

Whole of life insurance, also known as permanent life insurance, offers lifelong coverage. Unlike term life insurance, which only covers a set period, whole of life insurance guarantees a payout whenever you pass away. It’s an ideal solution for:

• Long-term financial planning
• Estate preservation
• Covering final expenses
• Leaving a lasting legacy

1. Lifetime Coverage: Enjoy peace of mind knowing your loved ones will receive a payout regardless of when you pass away, as long as premiums are maintained.

2. Cash Value Accumulation: Many whole life policies build a cash value over time. This can be accessed through loans or withdrawals to meet financial needs, offering flexibility during your lifetime.

3. Estate Planning: Whole of life insurance is invaluable for estate planning. It can help:

• Cover inheritance taxobligations
• Ensure your heirs don’t face substantial financial burdens

4. Final Expenses: Use the payout to cover funeral and burial costs, easing the financial strain on your family during a difficult time.

5. Fixed Premiums: With guaranteed premiums, your costs remain predictable, making it easier to budget for lifelong coverage.

At Baker Hudson Health, we go the extra mile to tailor your insurance policy to your specific needs. Here’s why we’re trusted for whole of life insurance:

• Customised Solutions: Flexible coverage options to match your goals and budget.
• Expert Advice: Our knowledgeable agents guide you through every step of the process.
• Comprehensive Coverage: Policies that adapt to your life’s changing circumstances.