MARCH 2026
INHERITANCE TAX
TO PROTECT ESTATES
LifeinsurancecanprotectInheritanceTaxliabilities onanestate.Policies canbesetuptopayouta guaranteedlumpsumondeath(orseconddeath) withinaspecifiedtermor,forwholeoflifepolicies, wheneverdeath(orseconddeath)occurs.
BasedonanInheritanceTaxrateof40%,£1,000,000of coverwillprotectestateswithanetvalue of£2,500,000, ignoringanyreliefs orallowances.
GUARANTEEDANNUALPREMIUMSPER£1MOFCOVER
SINGLELIFE
JOINTLIFESECONDDEATH
TO PROTECT GIFTS
LifeinsurancecanprotectInheritanceTaxliabilities ongifts (PotentiallyExemptTransfers).Policiescan besetuptopayoutaguaranteedlumpsumondeath ifthepersonmakingthegiftdieswithinsevenyearsof thegiftbeingmade.Thecoveramountundersuch policieswillbesetuptoreduceinlinewithtaperrelief.
BasedonanInheritanceTaxrateof40%,£1,000,000of coverwillprotectgiftsof£2,500,000, ignoringanyreliefs orallowances.
GUARANTEEDANNUALPREMIUMSPER£1MOFCOVER
SINGLELIFE
Allpremiumsquotedinthisdocumentarecorrectasof27February2026andareindicativeonly.
PremiumsassumethatlivesassuredareUKresidentandacceptedonstandardnon-smoker underwritingterms.Premiumsfornon-UKresidentlivesassuredcanvaryconsiderably.
Allpoliciesquotedcanbecancelledatanytimeanddonotofferasurrendervalue.
rmay@spf.co.uk 020 7330 8586 Amber Cogger
acogger@spf.co.uk 020 7330 8537 Henry Wood
hwood@spf.co.uk 020 7330 8519 Sam Jossi
sjossi@spf.co.uk 020 7330 8589