CLA Succession Insurance – pass on your legacy, not a tax bill

The CLA continues to oppose changes to the inheritance tax system, and we will continue to lobby the Government on behalf of members, but while that campaign goes on we also recognise the urgent need for a safeguard today.

That’s why we’ve set up CLA Succession Insurance – provided by leading insurance experts 1Edge Insurance – to offer our members an affordable, tailored solution to protect against inheritance tax risk when making a lifetime gift. A first-of-its-kind, it’s tailored to your needs and to the realities of farming and landowning.

The challenge for farming and landowning families

Many succession plans were built on long-standing reliefs that are now being eroded. Estate planners are “rewriting 30-year-old wills almost weekly,” and families are being forced to restructure businesses or consider partial land sales.

Smaller family-owned farms are the hardest hit, with fewer resources and less flexibility. But for every family, the emotional strain comes from knowing it will be harder for the next generation to continue farming.

Why insurance has become part of the picture

Life insurance is now being presented as a private-sector solution. Where a farmer or landowner makes a lifetime gift, the solution covers the risk of expected inheritance tax if they pass away within the next seven years – therefore preserving the estate.

But these policies bring challenges:

• High premiums for older farmers.
• Health-related exclusions or intrusive medical checks.
• Asset-rich, cash-poor farmers find upfront premiums difficult to fund.

CLA Succession Insurance – protection built for farmers and landowners

Our solution removes these barriers. With our tiered seven-year cover there is no need for underwriting or health checks.

The policy covers you for a sum that’s aligned to your potential inheritance tax liability, after any allowances and reliefs and is available to any farmers aged 18-75 (when you apply). It covers accidental death in year one, accidental plus instant event (such as a heart attack) in year two, and full life cover from years three to seven. It’s the first of its kind in the UK, priced around one-third cheaper than standard life cover.

Find out more

While the CLA continues to push for better policy, find out how CLA Succession Insurance can help you protect your family’s legacy and avoid unnecessary financial strain during uncertain times.

The CLA (Country Land and Business Association Limited) is an Introducer Appointed Representative of Stubben Edge (Risk) Limited, which is authorised and regulated by the Financial Conduct Authority No. 943286, and registered in England and Wales under company registration number 09073942, with its registered office at Seventh Floor, 77 Cornhill, London, EC3V 3QQ. The CLA is registered in England and Wales under company registration number 6131587. Registered Office: 16 Belgrave Square, London SW1X 8PQ.