The rules on policies "Written In Trust." Have changed meaning you may be liable to pay tax , but if you have taken out your policy before March 2006 you are unaffected.
Cover can be paid as a lump sum or an income. Make sure you choose the option that is right for you and your family and loved ones. Why not ask what is right for them should you pass away? Of course they will not want to answer or soeak of the subject, but it is important to have these matters seen to.
With the average life expectancy of men and women increasing, it's now possible for older people to get life insurance cover at a reasonable cost.
