Policy paper
Life insurance qualifying policies: information requirements following assignment
This Tax Information and Impact Note amends the Life Insurance Qualifying Policies (Statement and Reporting Requirements) Regulations 2013 (SI2013/1820).
Documents
Details
This measure will remove the requirement for beneficiaries under a qualifying life insurance policy to provide a statement containing prescribed information. This measure will apply if the policy has no further premiums payable and beneficial ownership is transferred in certain circumstances.