Relevant Life Cover

As Relevant Life Insurance is paid through your Limited Company the payments are tax deductible (subject to your accountant’s tax advise)

Relevant Life Insurance is designed to cover certain individuals within the business, namely the directors. Your company owns the policy and pays the policy premiums. The proceeds of the policy are paid out to the relevant staff members family upon passing. This can be a lower-cost alternative to group life schemes which are set up for the entire company.