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Trustees must be over 18 years of age (or over 16 years of age in Scotland), and be of sound mind.
With our online tool writing a business protection policy in trust easy.
Find the most appropriate trust form, fill in the details and send. Settlors, trustees and witnesses can then sign it electronically – we’ll check it over, apply it to the policy and send it back to your client for their reference.
Launch the online trusts tool.
How you write business protection depends on what the cover is for, the set-up of the business, and who the claim would be paid to.The settlor needs to complete and sign a trust deed, which is also signed by the trustees. All signatures also need to be witnessed. Your clients can use an LV= trust deed (or a bespoke form arranged by their solicitor) which should be sent back to us. We recommend your client arranges the trust during the application stage, ensuring their wishes are met if a claim is made.
Below you’ll find information on writing our business protection cover options in trust.