A Relevant Life Plan offers life cover that is also highly tax efficient.
It is a simple term assurance product popular among owners of Companies. Set up and paid for by the employer, the policy will pay out a tax free lump sum to the employee's loved ones should they pass away during the term of the policy.
The product allows employers to offer employees comprehensive financial protection and also take advantage of the tax breaks usually enjoyed by larger companies with larger work forces.
Do I need a Relevant Life Plan?
If you're a business owner and currently paying for life insurance to protect your family from a personal account, you may be able to save up to 50% on the premiums over a conventional life policy.
A Relevant Life Plan will help ensure you are covered, in a tax efficient manner.
To find out more information from our Insurance Specialist please contact us: