The beneficiary is the person or people that you would like to receive the money from a claim on your policy. You can specify the beneficiary on our trust forms.
The trustees are people you appoint to be the legal owners of your policy. The trustees will inform us of any claim and receive the money payable and then pass it to the beneficiaries. You will automatically be a trustee on your trust.
The settlor is you, assuming that you own the policy. Where the Absolute Trust Deed is used, you are called the Donor.
For help in completing the forms please read the Trust overview PDF and then the relevant guide.
A few key points to be aware of are:
Once the trust has been set up, it cannot usually be brought to an end before it's served it's purpose. It's important that you're sure our trust deeds are suitable for you before you complete them.
If you have a Over 50s Fixed Plan or Over 50s Increasing Plan, you can use these trust forms. If you have a Funeral Plan please contact Dignity on 0800 151 3789. Call charges will vary and Dignity may record and monitor calls.
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We aim to manage all of our claims with compassion and competence. To ensure we are able to do this our claims staff are trained by the Samaritans.