Whole of Life Insurance

Ensure financial security for your whole life.

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Whole of Life Insurance

Whole of life insurance is an insurance policy that lasts for your lifetime, and is not limited to a term. When you pass away the policy will pay a lump sum payment to your family or dependents. It will also pay out immediately if you are diagnosed with a Terminal Illness. When you pass away, your family may also be liable for inheritance tax on your home and assets. This can be a huge burden to be left with, forcing them to borrow or sell part of their inheritance to cover their tax bill.

A Section 72 Whole of Life Insurance policy removes this burden and protects your loved ones from a large inheritance tax bill. Our Whole of Life Insurance has a Guaranteed Premium. Meaning your monthly payments will never change.

Why Choose Whole of Life Insurance?

There are several reasons why individuals might opt for whole of life insurance over other types of policies:

Lifetime Coverage: The most significant benefit is that it provides coverage for your entire life, ensuring that your beneficiaries will receive a payout regardless of when you pass away.
Guaranteed Payout: Unlike term policies that may expire before your death, whole of life insurance guarantees a payout, offering peace of mind.
Fixed Premiums: Many whole of life policies come with fixed premiums that do not increase as you age, making it easier to manage long-term financial planning.
Cash Value Accumulation: Whole of life policies often include a savings component, accumulating cash value over time that you can borrow against or use for future financial needs.

Main Benefits of Whole Of Life Insurance

Ensures financial protection for your loved ones throughout your life
Helps cover inheritance tax liabilities, ensuring more of your estate for your heirs
Builds cash value over time, useful for borrowing, emergencies, or retirement funding
Locks in premium rates, protecting against rising life insurance costs
Can be tailored with additional riders or benefits to enhance coverage
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Differences Between Whole of Life and Term Life Insurance

Duration: Whole of life insurance covers you for your entire life, while term life insurance only covers a specific period (e.g., 10, 20, or 30 years).
Premiums: Whole of life insurance generally has higher premiums due to the lifetime coverage and cash value component. Term life insurance premiums are typically lower but increase significantly if you renew after the term ends.
Cash Value: Whole of life insurance includes a savings element that builds cash value over time, which is not available in term life policies.
Guaranteed Payout: Whole of life insurance guarantees a payout whenever the policyholder dies, while term insurance only pays out if the policyholder dies within the specified term.

Google Reviews

LowQuotes.ie

4.9

Based on 1582 reviews

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Sharon G.

Sarah was very helpful throughout the whole process. She was able to answer all out queries and talk us through how the process typically works. Replies were always very prompt and Sarah made the whole process straight forward.

Brian S.

Cormac LogueI can't thank this man enough from start to finish has been amazing, any questions asked Cormac had the answer if im been honest he is the only reason I decided to take this policy with this company as his service goes above and beyond thanks so much for your patience and help with everything Cormac and I'll defo be in touch should I need any other policy top man

Response from the owner: Hey Brian,Thank you so much for your fantastic review. We’re delighted to hear how positive your experience was with Cormac. It’s great to know he was able to answer all your questions, guide you through the process, and go the extra mile to make sure everything was right for you. That level of care and dedication is exactly what we aim for.We really appreciate you choosing LowQuotes and trusting Cormac with your cover. If you ever need anything in the future, don’t hesitate to get in touch.Best regards,LowQuotes Team

Snatch M.

Outstanding Support From Start to FinishWe received our mortgage drawdown and keys to our new home on 22nd December 2025, and we honestly couldn’t have reached this milestone without the incredible support of Bernadine from LowQuotes.From the very beginning of our journey, Bernadine went above and beyond. She was professional, patient, knowledgeable, and always willing to explain every step clearly — no matter how many questions we had. What truly stood out was how invested she was in our success; this never felt like a transaction, but a genuine partnership.The mortgage process can be overwhelming, but Bernadine made it feel structured, manageable, and even reassuring. Her responsiveness, attention to detail, and commitment to getting the best possible outcome for us were exceptional.We are deeply grateful for her dedication and would wholeheartedly recommend Bernadine and LowQuotes to anyone starting their mortgage journey. If you’re looking for someone who truly cares and will go the extra mile, you’re in the best hands.Thank you for helping us turn a dream into reality.Emmanuel & Dorothy

Response from the owner: Hey Emmanuel and Dorothy,Thank you so much for your beautiful review and for sharing such a special moment with us. We’re absolutely delighted to hear how supportive and dedicated Bernadine was throughout your mortgage journey. It’s wonderful to know she was able to guide you clearly, keep everything structured, and help make the whole process feel reassuring from start to finish.Congratulations on receiving the keys to your new home. We’re so pleased we could be part of such an important milestone for you. If you ever need any help in the future, please don’t hesitate to get in touch.Best regards,LowQuotes Team

Kasia H.

Alan Broderick was a pleasure to deal with. From start to finish , clear in everything. Would highly recommend.

Response from the owner: Hey Kasia,Thank you so much for your lovely review. We’re delighted to hear about your positive experience with Alan. It’s great to know he was able to guide you clearly through the process from start to finish. That’s exactly the level of service we aim to provide.We really appreciate your recommendation. If you ever need any assistance in the future, please don’t hesitate to get in touch.Best regards,LowQuotes Team

priscilla1 G.

Excellent service and very good guidance

Response from the owner: Hey Priscilla,Thank you so much for your lovely review. We’re delighted to hear you were happy with the service and guidance you received. That’s exactly what we aim to provide for every client.We really appreciate you taking the time to share your feedback. If you ever need any help in the future, please don’t hesitate to get in touch.Best regards,LowQuotes Team

Vadym E.

We can’t recommend Niamh highly enough. From the very beginning, she was supportive, knowledgeable, and always quick to respond to any questions we had. She clearly explained the mortgage process, made sure we understood each step, and guided us through everything with great care and professionalism.Niamh worked tirelessly to find the best solution for us and helped make the whole experience smooth and reassuring, even during stressful moments. Her communication was excellent throughout, and we always felt confident knowing she was looking after our interests.If you’re looking for a mortgage broker who is genuinely dedicated, approachable, and reliable, Niamh is an excellent choice. We’re very grateful for her help in securing our home and wouldn’t hesitate to recommend her.

Response from the owner: Hey Vadym,Thank you so much for your wonderful review and for sharing your experience with us. We’re delighted to hear how supportive and professional Niamh was throughout your mortgage journey. It’s great to know she was able to explain everything clearly, keep you informed, and find the right solution for you, even during the more stressful moments.We really appreciate your recommendation and are so glad we could help you secure your home. If you ever need any assistance in the future, please don’t hesitate to get in touch.Best regards,LowQuotes Team

Shane O.

As a first-time buyer, buying as a single applicant, I had a million questions, and Niamh McCaul answered every single one with patience and expertise.She went above and beyond to make sure I felt comfortable and confident with my decisions. It’s rare to find someone so dedicated to her client's success.I cannot recommend Niamh highly enough! From our very first phone call, she made the entire mortgage process feel seamless and stress-free. As someone who was quite overwhelmed by the paperwork, Niamh’s ability to explain everything in plain English was a lifesaver.She was always one step ahead, keeping me updated at every turn and securing a fantastic rate. If you want a mortgage advisor who is professional, proactive, and genuinely cares about her clients, look no further.Thank you, Niamh, for making my dream home a reality!Shane.

Response from the owner: Hey Shane,Thank you so much for your fantastic review and for taking the time to share your experience with us. We’re delighted to hear how supportive and reassuring Niamh was throughout your mortgage journey. It’s great to know she was able to explain everything clearly, keep you informed, and secure such a great rate for you. Helping first-time buyers feel confident and comfortable is exactly what we aim for, so your feedback really means a lot.Congratulations on your new home, and thank you for choosing LowQuotes. If you ever need anything in the future, we’re always here to help.Best regards,LowQuotes Team

Karen B D.

Used low quotes to get a better deal on our life protection and mortgage protection as the banks were a bit unsustainable. Wish I had done this from the start. We had Alan Broderick from the start, he's fantastic at what he does, makes it very human and personal experience. Explained everything without being too jargon-y. He was patient and very helpful with following up with our case. Would highly recommend you give them a call 🙂

Response from the owner: Hey Karen,Thank you so much for your wonderful review and for sharing your experience with us. We’re delighted to hear that Alan was able to help you secure a better deal on your life and mortgage protection. It’s great to know they made the process clear, personal, and easy to understand, without any unnecessary jargon. That’s exactly the experience we aim to provide.We really appreciate your recommendation and your kind words. If you ever need any support in the future, please don’t hesitate to reach out.Best regards,LowQuotes Team

Una F.

Thank you Shaun Young for all your help. You made the process so easy, Very efficent and explained all the details so clearlyAgnes (Una) Farrell

Response from the owner: Hey Una,Thank you so much for your lovely review. We’re delighted to hear about your positive experience with Shaun. It’s great to know he was able to make the process so easy and explain everything clearly for you. That’s exactly the level of service we always aim to provide.We really appreciate you taking the time to share your feedback. If you ever need any further help in the future, please don’t hesitate to get in touch.Best regards,LowQuotes Team

Nikolina G.

Very professional and easy process to insurance.Alan B. Was amazing and very professional in his guidance true the insurance application.

Response from the owner: Hey Nikolina,Thank you so much for your lovely review and for taking the time to share your experience with us. We’re delighted to hear that you found the process professional and easy, and that Alan was able to guide you so clearly through your insurance application. He always goes the extra mile to make sure everything is explained and handled properly, so your kind words mean a lot.Even though a little time has passed since your review, we truly appreciate you choosing LowQuotes and trusting us with your cover. If you ever have any questions or need support in the future, please don’t hesitate to get in touch.Best regards,LowQuotes Team

Ciara K.

Rebecca was great to deal with and was very helpful. Would absolutely recommend as the entire process was positive.

Response from the owner: Hey Ciara,We’re delighted to hear about your positive experience with Rebecca. It’s great to know she was able to help and make the whole process smooth for you. Your recommendation means a lot to us!If you ever need anything in the future or have any questions, we’re always here to help.Best Regards,LowQuotes Team

Eric H.

Conor O'Hare was absolutely excellent in helping during such a stressful time and getting a policy that suited me.I would recommend him and low quotes to anyone as they made the whole process very easy.

Response from the owner: Hey Eric,Thank you so much for sharing your experience with us. We’re delighted to hear Conor was able to support you through what can be a stressful process and help you secure the right policy. Making things clear and easy is always our goal, so your feedback really means a lot!If you ever need anything in the future, don’t hesitate to reach out. We’re always here to help.Best Regards,LowQuotes Team

Rachel L

Cormac was absolutely lovely and made everything so easy for us.

Response from the owner: Hey Rachel,Thank you for the lovely review! We’re delighted to hear that Cormac made everything easy for you, that’s exactly the experience we aim to deliver. We’ll be sure to pass along your kind words to him.If you ever need anything in the future, we’re always here to help.Best Regards,LowQuotes Team

Elaine F.

We came across Low Quotes online as we were looking to switch our mortgage providers. From the very start we had such a good experience. We were contacted by Bernadine and she helped us with the whole process. She was very professional and provided us with great support and guidance. Overall a brilliant experience, would highly recommend.

Response from the owner: Hey Elaine,Thank you so much for your kind words! We’re delighted to hear that you had such a positive experience while switching your mortgage with us. Bernadine will be thrilled to know her support and guidance made the process smooth and stress-free for you.Your recommendation means a lot, and if you ever need anything in the future, we’re always here to help.Best Regards,LowQuotes Team

JILU J.

Recently took mortgage protection and life insurance from Lowquotes.Alan was fantastic, very friendly and professional. He made the process easy and explained everything clearly. Highly recommended.

Response from the owner: Hey Jilu,We’re delighted to hear about your positive experience with Alan. It’s great to know he made everything clear and easy for you while arranging your mortgage protection and life insurance. We aim to keep the process as smooth and understandable as possible, so your feedback truly means a lot to us!If you ever have any questions or need support in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team

Rachel K.

Cormac has been amazing in what has been a very long and hard process. He kept chasing better options down and recently got my premium to under half what I have paid to now. I cannot thank him enough! His knowledge, expertise and advice is second to none! Thank you!

Response from the owner: Hey Rachel,We’re delighted to hear about your positive experience with Cormac. It’s great to know he stayed on top of everything throughout the process and managed to secure such a strong improvement on your premium. We always aim to get the best possible deal for our customers, so your feedback really means a lot to us!If you ever have any questions or need support in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team

nichola D.

Bernadine has been brilliant from start to finish. During the process of switching our mortgage we gave birth to our son and Bernadine was excellent no stress was so straight forward. Can't recommend enough

Response from the owner: Hey Nichola,We’re delighted to hear about your positive experience with Bernadine. It’s great to know she supported you through the mortgage switch and made everything clear and stress-free, especially during such an important moment for your family. We aim to keep the process as smooth as possible, so your feedback really means a lot to us!If you ever need anything in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team

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Your Questions Answered

How does Whole of Life Insurance work?

When you’re taking out a Whole of Life insurance plan, you choose the amount you want to be paid out on death.

You will then pay a set amount per month until you pass away. The policy then pays out a lump sum to your family. This premium never increases.

What are the benefits of Whole of LIfe Insurance?

It pays a cash lump sum that could go towards covering any inheritance tax your family is liable for when you pass away.
Your loved ones are financially protected when you pass away.
You can choose optional benefits on top of your Whole of Life Insurance for added peace of mind.
It can be used to cover your funeral expenses no matter what happens.

What is a Whole of Life savings option?

If for any reason your circumstances change over time, such as no longer being able to afford your Whole of Life Insurance, or inheritance tax no longer being a concern.. You might decide to stop paying your premium before you die. Which normally means you get nothing back.

With a savings option – Provided you’ve had your policy for 15 years and consistently paid it, you are guaranteed money back if you cancel or stop paying your policy.

This option costs an extra 10% on your premium and must be included when you take out your policy – It cannot be added at a later date.

Your options are – Receive a reduced lump sum on death, or you can take an immediate cash payment.

What is Inheritance Tax?

Inheritance tax is a tax paid to Revenue when someone inherits either money, property or other assets such as land following a death. The recipient of the asset is the person responsible for paying the tax amount of 33%.

Surviving wives, husbands and legal civil partners do not fall under this category. They do not have to pay inheritance tax.

You can use your Whole of Life policy to help offset any inheritance tax liability.

Remember, we can always answer any questions you have regarding Inheritance tax and Whole of Life Insurance.

What age can I get a Whole of Life insurance ?

Starting at 18 years old, you can take out a Whole of Life insurance policy up to the age of 75.

Medical 2nd Opinion Service

Historical illness reviews by leading medical consultants are available. Also applies to future illnesses.

What if I Smoke or Vape?

Please note that ALL nicotine replacement products, including vaping, are now classed as “Smokers”.

The premium for your whole of life insurance will be affected accordingly.

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Whole of Life Insurance

Whole of Life Insurance