Sentences with phrase «life assurance policy»

When drafting various bespoke settlement deeds to hold group life assurance policies for corporate clients, what challenges arise for you?

There are many life assurance policies where premiums are invested but each month a charge is taken out to pay for that month's life cover (and sometimes critical illness cover).

It is important to think carefully about tax legislation and the impact this will have on the settlement, and how the provisions of the various life assurance policies will interact with the drafting.

The endowment assurance policy can be returned after the completion of 3 years, while the whole life assurance policy can be returned after the completion of 4 years.

James Dodson, a mathematician and actuary, tried to establish a new company aimed at correctly offsetting the risks of long term life assurance policies, after being refused admission to the Amicable Life Assurance Society because of his advanced age.

What was to be borne in mind in construing the statement was the evident objective of providing an effective means of protecting the Revenue from efforts made to avoid payment of inheritance tax by means of associated transactions in the form of life assurance policies and annuities.

It is due in respect of premiums payable under any such life assurance policy issued in respect of an insurance made before 20 March 1968.

The benefits arising from life assurance policies are generally not taxable as income to beneficiaries (again in the case of approved benefits, these fall under retirement or withdrawal taxation rules from SARS).

Unitised insurance funds or unit - linked insurance funds are a form of collective investment offered life assurance policies.

She advises in relation to permanent health insurance (PHI) policies and other group policies including group life assurance policies.

James Dodson, a mathematician and actuary, tried to establish a new company that issued premiums aimed at correctly offsetting the risks of long term life assurance policies, after being refused admission to the Amicable Life Assurance Society because of his advanced age.

If you buy a life assurance policy you make small regular payments to your life office and, should you unfortunately die during the term, they send you a big cheque.

Statement of Practice E4 provided that: «Life assurance policies and annuities are regarded as not being affected by the associated operations rule if, first, the policy was issued on full medical evidence of the assured's health and, second, it would have been issued on the same terms if the annuity had not been bought.»

It is a tax break that may apply to life assurance policies that provide for a capital sum to be paid on death, where the policy commenced prior to 14 March 1984.

Advising on or selling investments such as equities, life assurance policies, collective investment schemes and individual or stakeholder pensions are all controlled functions.