Product Estate Planning Flexible Life Plan 680X392

Flexible Life Plan

Helping you cover a potential inheritance tax liability

About Flexible Life Plan

Our estate planning whole of life assurance policy will pay out a lump sum when you die to cover a potential inheritance tax liability.

Key Benefits

Financial Adviser
Experienced high net worth underwriting team
ICO Money 6
Cover the cost of an inheritance tax bill
Handshake
100% of death claims paid in the last 6 years

Features and benefits

  • Available on a single or joint life basis
  • Choose your level of cover up to £40m – payable on the death of the last life assured
  • You can use the lump sum to pay any UK inheritance tax liability when combined with a suitable trust
  • We can invest your premiums in up to four investment funds from a range of over 100 funds 
  • We’ll deduct your life cover cost from these funds
  • We periodically review your premiums: usually after ten years, then every five years 
  • If the cost of your life assurance increases on a review, you can use any accumulated funds to subsidise the future costs, increase the premium payable to you or reduce your level of cover
  • Choose from four plan structures: maximum cover, standard cover, target cover and specific cover 
  • Add an optional extra to cover your premiums if you’re unable to work for a period of time 
  • Experienced and accessible underwriting and technical teams.
  • You can use our plan for your family’s financial security, business protection or as part of an estate planning strategy

Are there any risks?

  • Your inheritance tax liability may change and the sum assured may be insufficient to cover the entire amount.
  • The cost of the life assurance can increase on a premium review and your premiums may increase or your level of cover reduces.
  • The value of units can fall as well as rise. You will need to discuss this thoroughly with your financial adviser.
Ctas Default Product At A Glance Find An Adviser Righthand CTA 864X480

Need an adviser?

Get a tailored quote for this product from a financial adviser. To find one, visit Unbiased.

Find an adviser

Your questions answered

Key Documents Highlight 704W X 554H

Key documents

Flexible Life Plan key features
Key information to help you decide whether this is right for you

Next steps

Ctas Default Product At A Glance Find An Adviser CTA 864X480

Need an adviser?

Get a tailored quote for our products from a financial adviser. To find one, visit Unbiased.

Find an adviser
Ctas Default Product At A Glance Customer Support CTA 864X480

Customer support

Find answers to commonly asked questions, helpful links, tools and contact details.

Customer support
Ctas Default Product At A Glance Contact Us CTA 864X480

Get in touch

Contact customer services

+44 1624 820 200

or send an email

Monday – Friday 9am to 5pm

Other contacts