A whole of life policy does exactly what it says so there are no surprises.

It pays out a lump sum to your loved ones when you pass away at any age.

Whole of life insurance can have different terms and conditions based on the insurer offering the policy.

Whole of life cover is more expensive than level or decreasing life insurance options because it is guaranteed to pay out. Make sure that the monthly premiums are affordable as you could be paying very late into your life, so budgeting for this properly is highly recommended.