Trust & Probate Insurance
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Early Distribution (Inheritance Act 1975) Insurance
No Section 27 Notice Insurance
Key benefits
What the policy covers
Missing Beneficiary Insurance

Creditor Liability Contingency Insurance
No Section 27 Notice Insurance

The policy provides protection to the personal representative against a claimant proving or attempting to prove a legal right of recovery for a liability from the estate where no notice has been given under the Trustee Act 1925 and recovery cannot be made from the beneficiaries to whom funds have been distributed.

The process of giving notice given under Section 27 of the Trustee Act 1925 is often costly, cumbersome and time consuming.

An insurance policy has been specifically created which allows the personal representative to distribute the estate without such notice being given.

Due to the uncertainty about debts for which the deceased may have been liable, professional personal representatives will, in most cases, wish to protect themselves by advertising in the London Gazette and in local newspapers in the area where the deceased owned any land or had other interests as required by the Act. The notice provides for a two month period during which claimants can contact the personal representatives, upon the expiry of which the estate may be distributed by them having regard only to those claims of which they had notice.


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Key benefits
  • Allows early release of funds to beneficiaries if required, provided a grant of representation has been obtained
  • Saves on administration costs where there is no knowledge of any interested creditors
  • Removes the risk to personal representatives of personal liability in the event of a successful claim under the Act after distribution of the estate

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What the policy covers

  • The amount of the personal representatives’ legal liability to any creditor of the deceased
  • Costs incurred with the consent of the Insurer in defending any action brought by the claimant against the personal representative
  • Any other costs and expenses incurred with the prior consent of the Insurer


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