Land or property leased to another person. You may own the property yourself, or you may lease it from a landlord, and sublet it to your tenant. Acronym for London Inter Bank Offered Rate. This is the rate charged by banks on loans between themselves. A life insurance policy will probably only pay out following your death.
Some policies have a death and investment content.
If the death benefits are written under trust, they are not included in your estate for Inheritance Tax purposes. Some policies also have an investment content which means that when the policy comes to an end, you will receive a payment whether or not you have died. Any accommodation in which you can live. This includes not only houses, flats and so on, but also houseboats, holiday cottages and villas. It does not include hotels or bed and breakfast accommodation.