Put your policy in Trust

Make sure your cover pays out to the right people at the right time.

  • You decide who gets how much.
  • Money is paid without legal delays.
  • Trusts avoid inheritance tax costs*.

In the vast majority of situations, the best thing you can do is put your Life Insurance policy in Trust.

LifeSearch Trusts offers clients the FREE arrangement of Trusts for their policies. Call us now to find out more.

*Tax rules are subject to change.

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0800 316 3166

A Flexible Trust allows you - and whoever you choose - to control what happens to your money after your death. You decide who receives how much.

  • The money is passed directly to your beneficiaries, without reference to your will, or the taxman.
  • Trusts avoid probate - and so pay beneficiaries faster. With a Trust, Life Insurance can pay out within a week, without a Trust the average wait is 3 months.
  • Trusts are easy to arrange - at LifeSearch we arrange them FREE OF CHARGE for our customers.

Term Assurance is the cover we most often recommend. It pays out on the death of the policy holder for the period insured and offers very good value for money.

  • Set the level of cover you need, and for how long.
  • If you die in that period, the policy pays out.
  • Many policies pay early if you find you've under 12 months to live.

The exact policy you choose depends on your personal circumstances and needs. Do you need to pay off a mortgage or debt? Do you have dependent children? Speak with an Adviser and we'll find the best cover for you.

Did you know?

£227,000 approximate costs of raising a child from birth to 21. £10 a month approximate cost of that Life cover for a non-smoker aged 30.

Dean's pearls of wisdom

Common questions

A Trust is a legal document that ensures money from a policy claim is kept separate from an estate. It avoids tax and speeds up a payment.

Yes. Although a will ensures that money goes to the right people, the money from a will is distributed after probate, and after tax. A Trust bypasses that.

Once it has been applied to a policy, a Trust cannot be removed. We use flexible Trusts that always allow changes in trustees and beneficiaries.

In all but a very few cases, setting up a trust will avoid inheritance Tax. No tax is charged on the Trust if the insurance you're paying for costs less than £3000 a year or if it is paid for out of already taxed income.

If you are unsure whether a Trust is for you, you may wish to seek specialist legal or tax advice.


3 months: the average time administration (probate) takes following death. Probate will delay pay out from reaching your family for the whole of this time - unless your policy is written in Trust.