IHT

It is not only individuals who need protection; SMEs are vulnerable, too. Steve Casey outlines a lucrative source of business.

Thousands more families will be required to pay inheritance tax (IHT) this year as an improving economy and rising house prices pull them above the threshold, according to figures.

PruProtect has launched an online inheritance tax (IHT) calculator to support advisers using Whole of Life cover to mitigate potential liabilities.

NFU Mutual has called for a review of life insurance policies to tackle high inheritance tax bills for bereaved families.

The majority of advisers have said paying for IHT Liabilities is the biggest concern among clients, ahead of funding care costs, leaving a legacy and covering funeral costs.

What do a professional couple with a young family and a retired tycoon have in common? They can both use a whole of life product for a variety of needs. Jennifer Gilchrist explains.

While many in the industry are predicting the end of whole of life, others are questioning how, post-RDR, it can be used to build more holistic cover, Nicola Culley reports.

AT A GLANCE

Is it time for intermediaries to look at whole of life cover as more than an Inheritance Tax planning tool and to take a multi-usage approach, asks Jennifer Gilchrist.

When addressing a client's protection needs, most products deal in the term space. But with people potentially outliving these contracts, Owain Thomas looks to whole of life for rejuvenation.