The Scottish Equitable Protect Life Protection tax relief policy has been launched, and some customers may be lucky enough to have the option applied retrospectively from 6th April.
The Motley Fool has posted an article looking at pension term assurance, which suggests that you could cut the cost of your life insurance by 35%.
Whilst I’d be a little wary about expecting everyone to reduce their premiums by 35%, in most cases, standard rate tax payers can expect savings of 10% - 15%, and higher rate tax payers around 20% - 25%, which is a great saving nonetheless.
As we mentioned a few days ago, Standard Life has agreed to provide Barclays with a pension term life insurance product, and Barclays have now made the product available for purchase online.
Barclays are offering £50 back if you can find a cheaper like-for-like quote elsewhere.
Standard Life has signed a deal with Barclays Bank to sell its pension term assurance policies.
The life insurance policies with tax relief will be offered under the Barclays brand.
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