Hi everyone, I am taking a bit of a different approach with some of the upcoming podcast episodes and I hope that you find it useful. I am going to take specific protection insurance products and do a summary of how they work and what to look out for as an adviser

The first one is focusing upon insurance for Business Property Relief. In this episode I am explaining what BPR is and why it’s so important that we look out for it, as some people might have wandered into an arrangement that could potentially have this tax benefit without even realising it.

The life insurance side of things is quite simple, but that can be where the biggest danger comes from. Life insurance at 40% of the share value over 2 years, pretty easy right? Yes and no, and I am taking you through what you need to know.

The key takeaways:

• Purchasing business shares that can qualify for business property relief can be a good option for a person’s full financial plan.
• A case study showing how to arrange life insurance to protect against the loss of business property relief.
• Make sure that you get the life insurance Trust right or you can lose the tax benefits linked to business property relief.

Next time Matt Rann will be back with me and we will be talking about arthritis and what this means for your life insurance, critical illness and income protection options. 

Remember, if you are listening to this as part of your work, you can claim a CPD certificate on our website, thanks to our sponsors Octo Members.

If you want to know more about how to arrange protection insurance, take a look at my 13 hour CPD Protection Insurance in Practice course here and 1 hour CPD Protection Competency Exam here.