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Can I buy life insurance that will pay out whenever I die?

Yes, it is called life assurance or whole-of-life insurance. Your family can claim for your policy no matter when you die, unrestricted by a policy term.

Life assurance is normally more expensive than term insurance, as the insurer knows for sure that it will have to pay out eventually.

well, then the premium is likely to increase so the insurer doesn’t lose money.

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    • Jack & Gill Life Insurance
    • 01202 143 012
    • contact@jackandgill.co.uk
    • Monday to Friday - 10am - 6pm
      Saturday and Sunday - Closed

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