Tag Archives: Taxman
Life Insurance Available With Tax Relief.
At last you can buy life insurance and get tax relief. The breakthrough results from changes in the Gordon Browns’ latest Budget speech but the tax relief is only available on a new special sort of life insurance policy. You can’t get tax relief on your existing life insurance policies.
These new policies exploit a loophole [...]
Should Your Life Insurance Policy Be Written In Trust?
According to one of the largest UK life insurance companies, just 1% of life policies are written in trust. That is disgraceful and reflects poorly on the financial industry.
Let’s explain.
If your life insurance policy is Written in Trust then, in the event of a claim, the insurance company pays out directly to the [...]