AIG Life adapts term assurance for IHT planning

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

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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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