The Whole of Life Plan is a simple life insurance policy which pays a lump sum on death whenever it may occur. It has been designed to help you protect your family from the financial costs arising on death, such as funeral expenses, taxes and other duties, but can also be used to help maintain your family’s lifestyle or simply to leave as a legacy.

The Whole of Life Plan can guarantee a payment made directly to your loved ones whenever you pass away to:

  • Replace your income
  • Maintain their lifestyle
  • Pay associated bills and expenses
  • Pay any inheritance taxes due
  • Keep plans for the future in place

What are the benefits of the Whole of Life Plan?

Your plan will pay out a lump sum (the Death Benefit) when a person insured by it dies, whenever this occurs. The plan will end after the Death Benefit has been paid.

The plan also offers the option to designate one or more beneficiaries at no additional costs, to ensure that it pays out quickly and directly to the people you want the money to go to.

Legal Information

Calamatta Cuschieri Investment Services Limited (CCIS) is authorised under the Insurance Distribution Act, Cap 487, to act as an enrolled Tied Insurance Intermediary for IVALIFE Insurance Limited (IVALIFE) to carry out long term business in Malta. IVALIFE is authorised under the Insurance Business Act, Cap 403. Both entities are regulated by the Malta Financial Services Authority. The Product is manufactured by IVALIFE and distributed by CCIS.