Placing a policy in a trust

Once you’ve bought your policy, you can place it into a trust.

A trust is a legal arrangement. It allows you to transfer ownership of your life insurance to another person or company. It can also help prevent your loved ones paying inheritance tax and speed up payments to your chosen beneficiaries.

Unsure about whether you need a trust? We recommend speaking to a legal expert or visiting the government website for more information: www.gov.uk/trusts-taxes