Relevant Life Protection

Relevant Life is a tax efficient way for directors of a firm to write their Personal Life insurance through the business, reducing their corporation tax and therefore not incurring corporation tax and personal tax before paying premiums to a provider.

KEY BENEFITS

  • Effectively a one-person death in service scheme
  • Tax free lump sum paid to employee’s next of kin
  • Can be a multiple of salary or pre agreed amount of cover