NU launches whole of life offering to combat IHT

clock

Norwich Union has launched a guaranteed whole of life product designed for inheritance tax planning...

Norwich Union has launched a guaranteed whole of life product designed for inheritance tax planning and family and business protection. The cover offers three payments options: a single payment, annual or monthly payments - for customers on a budget wishing to leave a set amount to their dependants - or "limited premiums". Louise Colley, head of protection at Norwich Union, said: "The flexible payment options allow this product to be tailored to the needs of customers and the guaranteed lump-sum payout will give advisers and clients a new level of confidence in planning for the future."

More on Whole of Life

How lifetime gifts can undermine taper relief and estate planning

How lifetime gifts can undermine taper relief and estate planning

The hidden IHT trap

Tony Müdd and Charlotte Toogood
clock 25 June 2025 • 5 min read
The race for life: scale vs margin

The race for life: scale vs margin

Protection needs its ‘Monzo moment’

Alain Desmier
clock 28 February 2025 • 4 min read
How to resuscitate the life market

How to resuscitate the life market

Focus on customer outcomes

Rory Yates
clock 19 November 2024 • 4 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read