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Wavier of Premiums
- A 'holiday' from paying premiums, perhaps granted during a period of sickness.
Whole of Life Insurance
- An insurance policy which pays out a lump sum when you die.
Will
- A legal document specifying how your property and money is to be dealt with when you die, and appointing Executors to carry out your instructions.
With Profit Bond
- An investment plan that awards an annual bonus to investors, who may also choose to take a regular income.
With Fixed Profit Endowment
- A fixed term investment with life cover.
Written Premiums
- The total premiums on all policies written by an insurer during a specified period of time.