Families unaware of benefits of life assurance, says Continuum

Many UK families are missing out on potential tax-efficient inheritance planning due to a lack of understanding around the difference between life insurance and life assurance, according to national IFA firm Continuum.

Whilst the basics of life insurance are easy to understand, a lack of understanding of the differences between life, or term, insurance and whole of life cover, or life assurance, is leaving many families missing out on tax-efficient inheritance planning cover.

Life insurance or ‘term insurance’ is designed to ensure that your dependents receive a lump sum if you were to die prematurely.

For the full editorial please click here.

Let's talk

If you want to get a free consultation without any obligations, fill in the form below and we'll get in touch with you.









    Sign-up to our free weekly online publication