There are various types of Assurance or Annuity Policies that HMRC require details about:
You need to enter details on this page:
(i) If the deceased was paying regular monthly or lump sum premiums on any life assurance policies, or
(ii) if any sums are payable by insurance companies to the estate as a result of the deceased’s death – it does not matter if the policies were on the deceased’s life or someone else’s life or whether the policies were for the deceased’s benefit
(iii) of any unit-linked investment bonds with insurance companies or other financial service providers that pay 101% of the value of the units to the estate or
(iv) of investment or reinvestment plans, bonds or contracts with financial service providers that pay out to the estate on death or
(v) any insurance policies and unit-linked investment bonds that are payable to the beneficiaries under a trust and do not form part of the estate, or
(vi) any joint life assurance policies under which the deceased was one of the lives assured but which remain in force after the date of death