Q. How do I enter a Death In Service Benefit linked to employment?
You can do this by entering it as a Protection Policy, Term and Endowment.
You have the option here to enter as an Employee Benefit, select the employment from the drop down and link it by pressing the 'chain' icon. Enter the salary multiplier and the software calculates the potential DIS benefit each year in line with the salary increase. You don't have to enter start or end dates as the software will automatically stop the benefit at the designated retirement.
What we also suggest is that you put the policy in trust, so it fall outside the estate. You do this by go to to Advanced Settings>Inheritance details>Select In Trust>100% to persons outside the plan.