Summary

After attempting to save money by requesting a selection of life insurance quotes, far too many people risk losing it again by failing to get their life insurance policy "Written in Trust". This article explains the overwhelming advantages.

Life Insurance. Should your policy be written in trust?

Click for a life insurance quote

Now lets assume exactly ( secured loans ) the same figures except that in this case the life insurance

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Life Insurance – Outweighing The Benefits?
Insurance companies need to know if you're overweight. Here's a question you can't avoid!
policy is "Written in Trust" with Mr A's sons as equal beneficiaries. Because the life insurance company pays out directly to his sons, they each receive £50,000 straight away and non of the money is included in Mr A's estate. This means that his estate is now worth ( term assurance ) £300,000 and the taxman can only walk away with £10,000. Each of his sons receives £20,000 more and tax-free!

So simply by signing a few forms, ( life insurance quotations ) Mr A saves £40,000 tax!

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