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People urged to check life cover linked to workplace pensions for ash shortfall
3+ week, 3+ day ago (696+ words) Death-in-service cover may not be enough to clear a mortgage or meet a family's other financial commitments. Millions of workers may have life cover provided through their employer, often as part of a workplace pension or wider employee benefits package....
Mental health claims are reshaping life insurance – and advisers are on notice
3+ week, 4+ day ago (727+ words) Insurance Business Mental health claims are reshaping life insurance – and advisers are on notice AIA Australia’s Beyond Blue tie-up signals an industry running out of claims management runway Australia’s life insurance industry is confronting a structural claims shift it cannot…...
How writing a life insurance into trust can lower an IHT bill
4+ week, 2+ day ago (623+ words) Thousands of families are needlessly paying inheritance tax by structuring their estate planning the wrong way. Almost 5% of UK deaths resulted in an inheritance tax (IHT) charge in 2023/24, up 0.1% from the year before, according to the latest HMRC data, with…...