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Have you ever wondered about Relevant Life Insurance?

As a company director, you undoubtedly want to provide yourself and your employees with valuable financial benefits like life insurance. However, establishing a group scheme can often come with a hefty price tag, particularly if you have a limited number of staff members.

There is an alternative solution in the shape of a relevant life policy, offering a way to provide life cover while keeping costs in check, even if you have a smaller workforce.

Discover the power of a relevant life policy – a cost-effective means of granting financial security to your team in a tax-efficient manner.

In Summary:

  • Relevant Life Insurance is a company-funded death-in-service benefit for directors or staff members on an individual basis

  • It pays out to designated beneficiaries upon death or terminal illness diagnosis

  • Premiums for Relevant Life Insurance can be treated as a allowable expense, reducing the company’s corporation tax

  • It serves as an effective tool for attracting and retaining staff

  • Consult with one of our independent Relevant Life Insurance specialists for tailored advice

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