Relevant Life Cover
Building your own successful business brings challenges, rewards and benefits. It can be hard to find time to ensure you’re making the most of the benefits and allowances allowances available to you.
Being a director of a limited company, you can enjoy valuable tax benefits if the premiums for your life insurance are paid by your company instead of from your personal income after tax. Making it more affordable to have the right insurance in place to protect your family.
Relevant Life Policies are not only open to you, they are the perfect employee benefits solution for small businesses, allowing you to offer your employees both life insurance and a wide-ranging benefits package that not only rewards them but help them to live life well. It's set up by the company and pays out a tax-free, lump sum on the death (or diagnosis of a terminal illness) of the person insured. The proceeds go directly to the employee's family or financial dependants.Which is good for you as well as them. Healthy employees are likely to be more engaged, take less time off sick and be more productive. It will also help you to attract and retain the best people.
What’s more your business can make significant tax savings and, in some cases, almost 50% on gross premiums using a Relevant Life Policy compared to using traditional life policies.
Benefits for your business
Benefits for you and employees
To find out more please call us on 03300 88 66 86.
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