Relevant Life Policies

Relevant Life Policies offer a way of providing death-in-service benefits on an individual basis no matter how small your business is.

You may be paying more than you need to for life cover. At ca financial services relevant life policy could save you money.

The policy premiums are paid in a more tax efficient way by the company compared to paying for life cover personally. This is because the premiums are a business expense and are likely to be an allowable deduction against Corporation Tax. The benefits of the policy are paid tax free to the nominated beneficiaries via a Relevant Life Trust.

If you're a company director then you could save up to 49% with a Relevant Life Policy compared to your current life cover. Using Relevant Life Policy to cover your employees allows your business to offer them a valuable benefit.

Relevant Life Policies are suitable for:

  • Company directors who would like to save money on life cover.
  • Small businesses that don't have enough eligible employees to warrant a group life scheme.
  • High-earning employees who have substantial pension funds and don't want their death-in-service
    benefits to form part of their lifetime allowance.

Please contact us on 0845 371 0262 or 01732 617950  for more information on how a Relevant Life Policy could benefit you.

Click here for more information about the benefits of a Relevant Life policy.

Click here for an example of savings achieved with a Relevant Life Policy.

 

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