Putting a business protection policy into trust helps to ensure the right people receive the right money in the event of a claim.

This trust tool helps you explain the benefits of putting a business protection policy into trust to your client. It also makes it easy to set up a trust.



Business trusts explained



Trustee FAQs



Legal & General trusts



Trusts and life insurance policies



Trusts and tax



Trusts and beneficiaries



Important points to note

It's important to understand that in some cases, the trust itself might have to pay tax.

However in the majority of cases, there are unlikely to be significant tax considerations, before the life policy pays out and also after a claim, as long as the money is paid out of the trust immediately. However tax considerations can become increasingly important if the money is held in trust for longer and may require professional advice to help with this.

If more information is required about tax, our technical guides provide some further details.