Zurich launches inheritance tax planning solution

Thursday, 19 October 2006 12:00

The Zurich Adaptable Life Plan is a type of life cover that can be written in trust to provide funds to pay future inheritance tax bills.

The Zurich Adaptable Life Plan is available to consumers with reviewable premiums, Zurich is now launching a Guaranteed version of the Adaptable Life Plan.

Available from the October 16th, the Guaranteed plan provides consumers with more flexibility in their choice of premiums.

Key features

• Available as Single Life or Joint cover
  
• Minimum contributions - £16 per month
  
• Minimum age - 16yrs
  
• Maximum age - 69 (joint life cover), 83 (single life)
  
• Monthly and annual payments available
  
• Waiver of payment facility
• 
  
• Special event benefit, including the opportunity to increase the sum assured without further evidence of health where the customers liability to inheritance tax has increased
  
• Terminal illness benefit

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