Death in Service Benefits - What's the Difference?

If you're working for somebody else, there may be some benefits payable by your employer as well. This is essentially an insurance policy which insures the insurance policy. If they know that the prim will be paid even if you're ill, they are better off. You have to express your wishes to the trustee as to where you would pretty please like them to pay out the money but you can't instruct them. It's a very subtle difference. The second you actually instruct the trustees where they must pay it to, then those benefits would fall into your estate.