COVID-19 – An update From Ermin Fosse

Life Assurance

As well as providing peace of mind for you and your family, life insurance can be used to pay some or all of your inheritance tax bill, ensuring your estate is safeguarded for future generations. If written correctly, the policy will ensure that your inheritance tax can be paid and will minimise the risk of your home being sold to fund it. 

It’s important to take professional advice to ensure that you take out the right life insurance policy and that the tax consequences of doing so are fully considered. With help from your financial adviser, you may find other suitable strategies to protect your estate from inheritance tax without jeopardising your financial security.

Plan for your future