CanProtect Whole of Life Plan

The CanProtect Whole of Life Plan can be tailored to your clients’ needs:

  • Single life, joint life first death or joint life last survivor basis.
  • Large sums assured; the minimum is £1 million. The maximum level of cover will depend on a number of factors such as age and country of residence.
  • Your clients can choose to place their policy within one of our range of free to use trusts. This allows the client to choose who will receive the cash sum payment(s) from their policy.

Your clients can increase the sum assured if:

  • The value of their estate increases which results in an increased inheritance tax (IHT) liability.
  • The UK Government changes the IHT rates or bands which increases their prospective IHT liability.

The value of investments can fall as well as rise and you should speak to a professional adviser to ensure that any investment is suitable for you.

We will notify your client and you if premiums cease. Cover will cease if premiums remain unpaid for 60 days.

The CanProtect Whole of Life Plan will appeal to clients looking to provide a lump sum for their family on death and will typically have a UK inheritance tax liability of £1 million or greater. The plan can provide cover for individuals with a range of different residency and domicile statuses.

Interested in More? Why not Look At...

Wealth Preservation Account

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Offering a wide range of trust solutions


"Carl and Madeleine want to limit their inheritance tax liability and they have discussed potential solutions with their professional adviser."
Carl and Madeleine
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0345 606 0708

01624 820200

United Kingdom

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This website is for UK professional advisers only and is not approved for use by private customers.

Canada Life Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Canada Life International Limited and CLI Institutional Limited are Isle of Man registered companies authorised and regulated by the Isle of Man Financial Services Authority.

Canada Life International Assurance (Ireland) DAC is authorised and regulated by the Central Bank of Ireland.

Stonehaven UK Limited and MGM Advantage Life Limited, trading as Canada Life, are subsidiaries of The Canada Life Group (U.K.) Limited. Stonehaven UK Ltd is authorised and regulated by the Financial Conduct Authority. MGM Advantage Life Limited is authorised and regulated by the Financial Conduct Authority.