Protection policies in trust

Helping you choose which protection trusts best suit your client.

Trusts explained

Please note: E-signature trust forms are available for use with 8 digit policy numbers which start with a 5. If your policy number has 12 digits and starts with a 6, the e-signature trust forms will be available soon. In the meantime please use the relevant PDF.

A trust can be an extremely effective financial planning tool and essentially is a legal arrangement that lets the owner of something ‘gift’ ownership to someone else. This could include cash, property, shares or a life insurance policy.

These arrangements allow the person making the gift (the settlor) to transfer ownership of their assets to another party (the trustees). The trustees hold the assets for either the sole benefit of a chosen person or group of people (the beneficiary) - without giving them access to the assets for the time being.

To help you understand more about trusts we have created a simple Guide to Trusts (PDF, 2MB).

OUR TRUST CHOOSER TOOL WILL HELP YOU TO SELECT THE MOST APPROPRIATE TRUST FOR YOUR CLIENTS' NEEDS AND PROVIDE YOU WITH A LINK TO THE CORRECT TRUST FORM.

Help me choose a trust

For Scottish Widows Protect policies we currently offer a choice of eight supporting trusts.
The trust chooser below is designed to help you decide which trust may be most appropriate for your clients' needs. 

Your client may wish to consider using an Absolute Split Trust

Your client may wish to consider using an Absolute Gift Trust

Your client may wish to consider using a Flexible Survivorship Trust 

OR 

Your client may wish to consider using a Flexible (Discretionary) Gift Trust

Your client may wish to consider using a Flexible (Discretionary) Gift Trust

Your client may wish to consider using a Flexible Split Survivorship Trust

OR 

Your client may wish to consider using a Flexible Split Trust

Your client may wish to consider using a Flexible Split Trust

If you prefer to use a PDF trust form, you can access these below:

What would you like to do next?

Our protection solutions

Our protection solutions

Find out more about the protection solutions provided by Scottish Widows.

Protection solutions opens in the same tab

Learn more about Trusts

Learn more about Trusts

You can find out more about trusts in our Guide to Trusts.

Guide to Trusts (PDF, 443KB) (opens in a new tab)

Trust literature

Trust literature

You can find all our trust literature within our literature library.

Find literature