Whole of Life and Endowment policies

Resolution Life Whole of Life and Endowment policies provide long-term, increasing life cover with a savings component. As these policies accumulate value over time, and your financial requirements are likely to change, it’s recommended that they’re reviewed as part of your total risk management plan.

That’s why we would like to give you an overview of the options that are available in relation to your existing Whole of Life and Endowment policy or plan issued by Resolution Life. 

It's important that you're kept informed about the products you have with us and provided with an overview of the options that are available in relation to your existing policy or policies. Resolution Life's comprehensive Product Options Guides provide detailed information about options on your policy:

• Resolution Life Product Options Guide
• Resolution Life Product Options Summary
• Resolution Life (formerly NMLA) Product Options Guide
• Resolution Life (formerly NMLA) Product Options Summary

Dependent on the type of policy or plan you own, there are two Product Option Guides that you can download and use for your reference. Both the 'Resolution Life Product Options Guide' and the 'Resolution Life (formerly NMLA) Product Options Guide' will help you find out more about a particular option, details of how each option may affect the insurance cover and/or savings under your policy or plan, steps required to exercise each option on your policy or plan and where to find more information, including forms and illustrations.

If, after reading your Guide, you wish to receive advice or take up an option, please talk to your Adviser in the first instance. It is important that you receive advice that is relevant to your individual situation, taking into account your current and future needs and goals.

Additionally, you may require more information, such as an illustration showing the change to your policy or plan premium, or the change in policy sum insured and/or estimated maturity value (if applicable). Some options may also require the completion of the required form. In most cases, your Adviser can provide this information and discuss the process with you.

Resolution Life Whole of Life, Endowment, and Pure Endowment policies and plans are no longer sold to new customers. If you have any questions about your insurance product, get in touch with your adviser or contact us.

Policy features

It’s important that you are kept informed about the policies you have with us. The document provides key information about your policy and its features. Read a summary of that document here. 

Interest Rate: Policy Loans and Premium Arrears

Policy Loans and Premium Arrears on conventional products attract an interest rate. The current interest rate is 8.5% per annum (effective from 1 August 2024).