AIG Life adapts term assurance for IHT planning

Joint life second death option added to relieve tax burden on couples gifting assets

AIG Life adapts term assurance for IHT planning

AIG Life has enhanced term assurance to help policyholders cover inheritance tax (IHT) liabilities.

The addition of a new joint life second death (JLSD) option provides an alternative to whole of life insurance for couples who want to gift assets and erode their IHT liability by a certain age. A ‘gift...

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