We use cookies to deliver the best possible web experience. By continuing to use this site, you agree that we may store and access cookies on your device. You can change your preferences at any time on your browser. For more detail, click here to view our cookie policy.

Generic Links

Welcome to RL360's

dedicated financial adviser website

For financial advisers only

Not to be distributed to, or relied on by, retail clients

Jargon buster

 Index

 A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

 Search

WRAP
A web based platform that allows an investor to put all of their investments and financial products (for example: pension, ISA, offshore bond) in one place.

Waiver of premium
The policy terms and conditions may allow a policyholder to stop paying premiums for a period of time, but the policy and its benefits remain.

Whole of life
A policy/bond that does not have a specified end date or term. It stops and pays out upon the death of the nominated life or lives assured. Alternatively, this type of policy/bond can be surrendered to finish it.