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UK Women Forced to Pay More For Life Insurance Now By Europe

I’m incredibly busy today, but what I’m writing to you is important for women here in UK.

European Bureaucrats have issued an edict… sadly, against you.

You may or may not have heard about the new, bleakly entitled “EU gender directive”, which will come into force on 21st December this year. If you have a life and haven’t heard about it, then here’s what our friends in Europe have ruled for our lives now…

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Use Whole of Life Plans To Preserve Lump Sums and Create a Legacy

Today I share with you a considerably wise strategy that’s proving very popular, particularly with older clients. Specifically this is all about creating a legacy for either your children or grandchildren by taking out a Whole of Life Policy.

What Is a Whole Of Life Policy?

A Whole of Life policy is a life insurance policy which is paid for the whole term of a person’s life thus ensuring that a lump sum is definitely paid out on death. This contrasts with a term assurance policy which ends after a specific term. Whole of Life contracts can also have an investment element to them, unlike a term contract which is for protection only. They can be written in single lives or joint lives (first or second death) and can also be put into a trust which keeps them outside the estate for IHT purposes.

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Investment Notice
The value of an investment can go down as well as up and you may not get back as much as you put in
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William on BBC Radio

Here is an interview William gave on BBC Radio Scotland where he spoke with Fred MacAulay and Karen McKenzie about Cash and Investment ISA's

Listen to the BBC show here
Dates and Times

NOTE: I have been writing articles here since 2007 so please take note the date of the article, because obviously, things like laws or tax allowances etc may have changed since then.

I do try my best to keep up to date, but I'm only an humble advisor and there are hundreds of my financial articles here! Please call or email if you need to double check something. I'll gladly help.

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