To provide the necessary level of cover and term to meet your mortgage requirements for both Life and serious illness cover. Having the correct level of cover is vital, therefore good sound advice is the critical success factor in effecting a plan with the optimal level of cover for the most cost effective premium.
These plans can be used to insure a liability. In the correct circumstances these plans can be placed in a Trust allowing the proceeds to sit outside of your estate for IHT purposes and also allow the proceeds to be paid to the correct beneficiaries in a timely manner.
The Financial Conduct Authority do not regulate advice on trusts and Inheritance Tax planning.