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Life Insurance with Critical Illness

Why should I put my life insurance into trust?


If you died with Life Insurance in place, normally the money would form part of your estate. This can become a problem if the total of your estate is higher than the current threshold for Inheritance Tax because anything over will be charged at 40%. Keeping the money out of your estate can become a large saving.

Putting a life insurance policy into trust is a way of moving the proceeds of the policy out of your estate, while making sure that the money is provided to the right people quickly.

More information on trusts

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Understand life cover

We've created lots of useful information to guide you through the process of finding which life insurance product is right for you.

Find out more about life cover

Why choose LV=

An insurance provider you can trust established in 1843.

  • 97% of claims paid in 2016
  • UK's largest friendly society

Policy documents

  • Policy summary
  • Policy conditions

View policy documents


From what's covered, ways to get set up or even how to claim, our library of FAQs can help.

View our Life Insurance FAQs