Skip to main content
Exit
0 XP 0
ASEW · Life Assurance Trust Structures
0 / 5
Learn

Life Assurance Trust Structures

Difference between bare and discretionary trust in the life assurance context, split trusts, and when each is appropriate.

Learn

Key points

Question 3

Which term matches: "Specific named beneficiaries; they have immediate entitlement; cannot be"

Question 4

What does "Discretionary trust" mean?

Question 5

Match each term in "Key points" to its meaning

Tap a term, then tap its matching definition.

Question 6

Fill in the blank

______ — Some benefits (critical illness) to the policyholder; death benefit to trust; popular with

Learn

What the exam tests

Difference between bare and discretionary trust in the life assurance context, split trusts, and when each is appropriate.

Question 8

True or false?

Difference between bare and discretionary trust in the life assurance context, split trusts, and when each is appropriate