Relevant Life Insurance
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Offering a benefits package with Relevant Life Cover is a great way to attract the best talent and retain their services.
Suitable for any business or employee – including directors, it’s the most cost-effective and tax-efficient way to offer death-in-service benefits without a full group life insurance scheme.
Should someone die during the term of the plan, a lump sum will be paid into a discretionary trust for their loved ones.
Talk to Tailored Protection and we’ll guide you through all your options – including the best Relevant Life Insurance in Hertfordshire.
Premiums are a business expense – can lower corporation tax
- Pay-out usually related to the employee’s salary
- Lump sum payment is 100% tax-free
- Pay-out not subject to inheritance tax
- Age, health & lifestyle taken into account
- Terminal illness benefits can be included