Tuesday August 11, 2020

Unmarried couples could face life cover tax bill

Unmarried couples who purchase their first home together should be aware of the potential tax bills associated with life cover. Borrowers will typically be required by their lender to obtain life cove

22nd October, 2011

Unmarried couples who purchase their first home together should be aware of the potential tax bills associated with life cover. Borrowers will typically be required by their lender to obtain life cover, in order to meet the loan in the event of the borrower's death. However, life firm Caledonian Life and Dublin-based life assurance broker Dave Kavanagh have raised concerns about the potential tax liabilities that cohabiting couples may face in the event of the...

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