Trusts

Used where a plan owner wants to place life cover in trust for their chosen beneficiaries but retain access to certain other benefits such as critical illness cover.

Used for family protection or inheritance tax (IHT) planning and helps to avoid probate delays.

Used for relevant life plans taken out by an employer wishing to provide death in service benefits for employees.

Used for a business protection plan (partner, member and shareholder protection) that’s being set up as an own life in trust arrangement.