Skandia Protect has extended its immediate cover facility to provide a hedge against inheritance tax...
Skandia Protect has extended its immediate cover facility to provide a hedge against inheritance tax (IHT) liabilities. Clients who are IHT planning by taking out life cover under trust can now get immediate cover while Skandia underwrites the cases, Shelley Robertson, protection brand manager at Skandia said. The immediate cover facility is available for those under 65 years of age who want to take out cover of between £250,000 and £2m. Robertson said: 'With the recent surge in house prices it is becoming more common for people's homes to take up a bigger percentage of their est...
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