A whole of life policy is a life insurance policy designed to pay out an amount at certain times of your life, some policies will cover you up to a child reaching the age of 21, and some cover you up until you die.

You pay monthly premiums on a re-viewable or non-re-viewable basis depending on the type of policy you choose, some Whole of Life's are investment linked and the amount you are covered for is dependent on the investment or Stock market.

Whole of Life policies were sold to clients who were interested in life insurance or a short term savings plan but were sold this as a hybrid of the two.

If your claim is successful you may be entitled to one of the following forms of compensation.

  • If you should've been sold a life insurance policy - A reconstruction of your Whole of Life policy to a different life insurance and a refund of the higher premiums you've paid, plus an additional 8% Per Annum Interest on the Compensation.
  • If you should've been sold a savings account - A Refund of the Life Assurance premiums, plus 8% Per Annum Interest on the Compensation.
  • If you shouldn't have been sold a policy at all - A Full refund of all the premiums you have paid plus 8% Per Annum Interest on the Compensation.
  • My Claim Solved is regulated by the claims management regulator in respect of regulated claims activity, we operate a "no win, no fee service*" and charge no hidden fees for using our service.
  • We've successfully secured over £25 Million of compensation for our clients.
  • We have a team of dedicated and trained claims handlers specialising in Whole of Life claims who will put you first and fight your corner to secure the compensation you're entitled to.
  • We're one of the leading claims management companies in the UK, having strong relationships with the biggest providers.

*A fee may be payable if a case is not pursued at the clients request once the claim has been processed by the Company (after a 14 day cooling off period expired) Our charges will be calculated by reference to the time spent by us in investigating and pursuing the Claim on your behalf up to the date the Contract ended, which shall be charged for in units of 6 minutes at the rate of £80 per hour + VAT (i.e. 10 units of 6 minutes make up 1 hour).