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Trusts

Setting up a trust is easier than you think.

Discretionary trust

A flexible trust which can be used to cater for all personal protection scenarios.

Our discretionary trust in detail

Relevant life trust

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

Our relevant life trust in detail

Business trust

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

Our business trust in detail

Useful tools and resources

Which trust to choose

Need some help choosing the right trust for your client?

 Use our handy trust picker  

Beneficiary nomination

A simpler alternative to trusts, this allows plan owners to nominate who receives their payout if there’s a claim paid after they die.

Find out more  

Give your clients sound advice

Our good parent portfolio helps you talk to your clients about making a will, putting protection plans in trust, and the importance of thinking about guardianship.

Read our guide