Just one in four say IHT increase will harm WOL

Only one in four intermediaries believe the increase to the inheritance tax (IHT) threshold will harm the whole of life (WOL) market - despite the cover being sold as an IHT tool, according to COVER's latest online survey.

The web poll revealed that 73.3% of respondents do not think Gordon Brown's decision to increase the IHT threshold will have a negative impact on WOL sales. Only 26.7% disagreed.

This month's survey asks whether the ABI's updated Statement of Best Practice for critical illness cover will help clear the fog around the product.

To cast your vote, go to www.covermagazine.co.uk.