What if your business could offer high‑value life cover, reduce tax, and strengthen your
employee benefits package, all with one simple policy?
That’s exactly what Relevant Life Cover provides.
Without it, business owners and key staff may be relying on:
- Personal life policies paid from net income
- No death‑in‑service benefit
- Higher tax burden on personal protection
With Relevant Life Cover:
- The business pays the premiums
- The employee’s family receives a tax‑free lump sum
- Premiums are usually an allowable business expense
Why businesses are choosing Relevant Life Cover
Big tax advantages
- No benefit‑in‑kind for the employee
- No National Insurance contributions
- Corporation tax relief on premiums
A powerful benefit for employees and directors
- Provides death‑in‑service cover for small businesses
- Supports staff retention and engagement
Better for high earners
- Payouts do not count towards the pension Lifetime Allowance
How it works
- Employer pays for the policy
- Policy is written into a discretionary trust
- Payout is tax‑free to chosen beneficiaries
Is it right for your business?
Relevant Life Cover is ideal for:
- SMEs
- Company directors wanting tax‑efficient protection
- Employers wishing to enhance benefits without large scheme costs
A simple policy. Exceptional tax efficiency. Complete peace of mind.
If your business doesn’t have Relevant Life Cover in place… now is the time.
