AIG Life has extended its products and tools aimed at intermediaries with international clients needing protection insurance for UK financial liabilities.
Family Income Benefit (FIB) has now been added to the range of products available to British citizens, alongside Key 3, Life Start and CIC Start.
AIG Life has also created an online tool to help intermediaries identify if their non-UK resident clients can buy AIG's protection insurance.
The insurer launched this as HMRC had put plans into place for legislation creating an inheritance tax (IHT) liability on non-UK domiciles holding UK residential property via an offshore company or trust.
This was put on hold ahead of June's General Election but is to be readmitted via a Summer Finance Bill.
Andy Roberts, Technical Sales Manager, said: "The IHTED legislation was expected to have been signed into law by now, but politics got in the way.
"By opening access to more products and tools now, AIG is making sure intermediaries have everything they need to support international clients who need financial protection now or who could soon be affected by IHTED."
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