Early Distribution Protection
£70 + VAT
With increasing pressure to release funds to beneficiaries, we provide optional insurance protection to allow for early distribution, without the need to issue a Section 27 (of the Trustees Act 1925) Notice and without delaying for 60 days.
It also protects the Appointed Representative and Beneficiaries against an unknown dependant claiming financial provision under Inheritance Act (Provision for Family and Dependants) Act 1975.
For an Appointed Representative who still wishes to place a Section 27 Notice, protection commences after four weeks has elapsed from the publish date.
Cover is automatically provided for £250,000 per estate and is underwritten by the UK direct insurance arm of Munich Re, one of the World’s largest insurance companies. Higher limits are available on request.
(For Bereavement cases only and NOT available separately.)