Royal London launches insurance to help families avoid Inheritance Tax, paying out on the second death.

Royal London has introduced a joint life second death cover under its Personal Menu Plan to assist with estate planning and Inheritance Tax (IHT) mitigation. This insurance pays out when the second person dies or is diagnosed with a terminal illness, up to age 90, offering a cost-effective alternative to whole-of-life cover. It also includes a feature to protect assets gifted to family members from IHT.

4 months ago
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