Petition Stop inheritance tax on Life insurance

Life insurance is part of inheritance tax calculations.
The purpose of Insurance is to provide for the dependents of a bread earner of a family when worst happens. The young families could have limited options and end up being dependent on System.
This policy penalizes the responsible behavior.

More details

Especially if the tragedy were to happen early in life, the young families could have limited options to survive.
Making a plan to mitigate such risk, the individual is showing responsible behaviour not only towards their family but also the society by avoiding them becoming a burden.

And this policy to include Life Insurance in Inheritance tax penalizes the responsible behaviour.

This petition closed early because of a General Election Find out more on the Petitions Committee website

12 signatures

Show on a map

10,000

Date closed 6 November 2019
Get petition data (json format)

About petition data

The data shows the number of people who have signed the petition by country as well as in the constituency of each Member of Parliament. This data is available for all petitions on the site. It is not a list of people who have signed the petition. The only name that is shared on the site is that of the petition creator.