Early Distribution Insurance
Our insurance brokers are experts at providing advice on, and arranging, Early Distribution Insurance.
If you, or the client you represent, want financial protection from risks involved in the early distribution of an estate; we can help.
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Early Distribution Insurance specifically addresses situations where a beneficiary has received assets from an estate before all potential claims under the Inheritance Act 1975 have been resolved.
The policy aims to safeguard beneficiaries from the financial risks associated with receiving an early distribution. Under the Inheritance Act 1975, certain individuals have the right to make claims against an estate if they believe they have not been adequately provided for. In such cases, beneficiaries who have already received assets may face potential financial obligations.
It covers legal costs, expenses, and other potential liabilities arising from such successful claims that result in a redistribution.
Information we require to help you:
- A thorough explanation of the circumstances
- Details of the will or intestacy
- Details of the grant of probate
- Value of the residuary estate for distribution
- Details of any disputes
- Details of parties or confirmation that no parties are known that could make a claim
- The amount of cover (limit of indemnity) required and how this has been calculated
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0333 344 7420
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Our brokers are knowledgeable and friendly. They’re specialists who can provide the advice and help you need.
What other types of probate cover does Access provide?
Our insurance brokers are experienced in advising on, and arranging a suite of probate & estate administration indemnity covers, sometimes known as trust and probate insurance, that are designed to protect and indemnify executors, administrators, trustees and beneficiaries involved in the administration of an estate.
In addition to early distribution insurance, these covers include:
Missing Beneficiary Insurance
To protect executors, administrators, trustees and beneficiaries in case any unknown or missing beneficiaries come forward at a later date.
Missing Will Insurance
To address scenarios where the will itself is missing or cannot be located.
No Section 27 Notice Insurance
To indemnify beneficiaries and executors against potential creditor claims that could arise in the absence of a Section 27 notice.