A man in his 70s and a woman in her 60s with a property worth £4 million. Their existing lifetime mortgage of £1.6 million had a relatively high interest rate of just above 7%, which meant that the amount owing was increasing rapidly. The couple were concerned about the loss of equity from their property.

A man in his 70s and a woman in her 60s with a property worth £4 million. Their existing lifetime mortgage of £1.6 million had a relatively high interest rate of just above 7%, which meant that the amount owing was increasing rapidly. The couple were concerned about the loss of equity from their property.

A man in his 70s and a woman in her 60s with a property worth £4 million. Their existing lifetime mortgage of £1.6 million had a relatively high interest rate of just above 7%, which meant that the amount owing was increasing rapidly. The couple were concerned about the loss of equity from their property.

The client was a 42-year-old non-smoker who was resident in the UK and who was the director of a company. The client had bought out his business partner via an equity fund. The company’s board had decided that the individual needed to take out key person insurance to protect the business, as there could be significant consequences if he were to die unexpectedly or be incapacitated by illness.

The clients are a couple, with the husband in his 60s and the wife in her 40s. They are both UK residents and non-smokers. They were seeking to restructure the business they own jointly. The husband has health issues. The couple had lost their Business Property Relief qualification for a period of two years.

The clients were a couple, both in their 60s, who were British nationals and resident in the UK. The couple’s estate is valued at £10 million. Their individual nil rate bands of £325,000 each could not be used in this case, and they were therefore facing the prospect of inheritance tax of 40% being charged on the full amount once the second client died, which would mean a £4 million IHT bill for their nearest and dearest at that time.

The client is in his 40s, resident in the UK, but not considered to be domiciled in the UK. His family lives in Kuwait. We were unable to obtain sufficient cover for this client in the UK market because, although he had extensive investment income, he did not have any earnings from employment or self-employment in the UK as his business was still in the start-up phase. For this reason, he was referred to a US-based broker with whom we have worked closely on many occasions.

The clients are UK trustees of a UK resident trust. The life assured is a UK resident and domicile in his 50s who is the life tenant of a trust. After John Lamb Hill Oldridge placed £90 million of cover in the UK market, the trustees still had another £60 million of potential IHT liability to cover.

The client is a man his 30s, UK resident and a non-smoker. As a condition of his pre-nuptial agreement, his spouse was entitled to receive a £10 million payment were he to pass away. Much of his family’s wealth is tied up in trusts, and by seeking life insurance, the client was seeking to avoid a potential claim that would disrupt the family’s investment strategy by forcing them to liquidate their positions at an inopportune time.