Guaranteed Whole of Life value calculator

By entering some basic information, you can quickly demonstrate the value of taking out a Whole of Life policy and paying the premiums versus saving those premiums in a bank account earning the chosen rate of interest.

Before you start using the tool, it’s important to note:

• Interest rates can be chosen between 0% and 4% and is the annual equivalent rate on a bank account.
• The calculator should only be used for policies with guaranteed rates, it must not be used for policies with reviewable rates.
• The calculation is based upon the data provided. The accuracy of the data is the responsibility of the adviser.
• This calculator is illustrative, and the figures produced aren’t guaranteed. Royal London does not accept responsibility for decisions made as a result of using this calculator.
• Any recommendations made after using this calculator are the adviser's responsibility.