Frequently Asked Questions

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You asked: How do I place my Life Insurance plan under trust?

There can be a number of advantages to putting your policy in trust:

  • Once we've accepted a claim, we can pay money out more quickly as we don't need to wait for people to be appointed to deal with your estate
  • You can name who you would like to benefit under your policy in the event of a claim
  • Payments shouldn't be counted as part of your estate and so wont be liable for inheritance tax.

Setting up a suitable trust is easy to do. Find out more about Aviva trusts.

If you need advice about the suitability of putting your policy under trust or for further information about your tax position, please speak to a financial adviser or tax specialist.

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