Tony Müdd, divisional director - development and technical consultancy, St. James’s Place discusses nuances in life assurance policies for US citizens residing in the UK.
Learning objectives: Learn why life assurance for US Citizens in the UK requires a more in-depth process in some cases Discover the process of setting up an Irrevocable Life Insurance Trust (ILIT) for US Citizens in the UK Discern when this process is applicable and when more standard policies apply The UK is seeing a notable influx of US citizens seeking long-term or permanent residence. Home Office data shows record numbers applying for British citizenship: 6,618 in the year to March 2025 (the highest since records began in 2004), with figures reaching around 8,790 for the full...
To continue reading this article...
Join COVER for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, key trend analysis and industry insights.
- Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
- Receive breaking news stories straight to your inbox in the daily newsletter.
- Members only access to monthly programme 'The COVER Review'
- Be the first to hear about our CPD accredited events and awards programmes.
