Relevant life insurance

Relevant life insurance is a type of life insurance policy that is designed specifically for business owners and their employees. It is a tax-efficient way for businesses to provide death-in-service benefits to their employees, as premiums paid on relevant life policies are generally allowable as a business expense.

Working with all the leading providers.

Benefits of relevant life insurance:

Relevant life insurance has several key benefits, including:

Tax efficiency

Premiums paid on relevant life policies are generally tax deductible, which can help to reduce the overall cost of the coverage.

Flexibility

Relevant life policies can be customised to meet the specific needs of the business and its employees, allowing businesses to provide coverage that is tailored to their unique situation.

Financial protection

In the event of your death, life insurance provides a financial safety net for your family, helping them maintain their living standards and meet their financial obligations

Peace of mind

Knowing that your loved ones will be taken care of financially can provide you with peace of mind, allowing you to focus on enjoying your life.

Who can get a relevant life insurance policy?

Relevant life insurance is designed specifically for business owners and their employees. It is a tax-efficient way for businesses to provide death-in-service benefits to their employees, helping to ensure that their families are financially protected in the event of the employee's death.

Cover for terminal illnesses

Relevant life insurance will typically also cover terminal illnesses where the prognosis is that the insured individual will pass away within 12 months. In these most difficult circumstances, receiving a life insurance payment can reduce financial uncertainty.
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How Life Protection Advisors can help

With access to most of the leading relevant life insurance providers and policies, we can help you find the right cover for the best price. If you’d like a comparison quote, please click below.