Test 4
1 / 9
Which one of the following types of life policy is TYPICALLY used in connection with key person assurance?
2 / 9
Which basis would be MOST suitable for a husband and wife seeking to use whole-of-life assurance to cover a likely inheritance tax liability?
3 / 9
Which one of the following statements in respect of Income Support is correct?
4 / 9
Mike is retiring from his company after 25 years. He is planning to take a cash lump sum of £30,000 and £15,000 per annum from his personal pension plan. What will the tax liability be on these benefits?
5 / 9
Which is the INCORRECT statement regarding free standing additional voluntary contributions plans (FSAVCs)?
6 / 9
Accident, sickness and unemployment policies provide benefits on which one of the following bases?
7 / 9
Which one of the following is the MOST appropriate type of life policy to support an ISA mortgage?
8 / 9
Irrespective of the type of endowment policy he chooses, Jack has been correctly advised that his policy will:
9 / 9
William and Kate have a standard variable rate mortgage which is due to be repaid by an equity based ISA. Which factor would most immediately adversely affect their monthly budgeting?
Your score is