Tax Saving Life Insurance for Directors and Employees Paid for by your Limited Company

Up to 49% Saving Compared to Paying for Your Policy Personally

Relevant Life with Employee Significant Illness Insurance

Relevant Life with Employee Significant Illness Insurance

A Relevant Life with Employee Significant Illness Plan offers some very special advantages to directors and employees of small limited companies, most notably tax efficiency.

  • Save up to 49% compared to paying your premium personally

  • Not classed as a benefit in kind

  • Claim as corporation tax relief

How It Works?

Employee Significant Illness Cover pays you a tax-free cash lump sum if you are diagnosed as having one of the illnesses specified in the policy. The cover can help with care costs, medical bills, or even travelling abroad for treatment. It can also cover your financial commitments such as a mortgage, loan and general living costs.

COVER BENEFITS

Up to 50% cheaper premiums

Comprehensive cover that you and your family can benefit from but cheaper than conventional policies

Premiums paid for by the company

The limited company pays for your life insurance premiums – not you.

Employee Significant Illness

Employee Significant Illness can now be included within a Relevant Life Plan

No National Insurance

You and the limited company do not have National Insurance contributions to pay

Tax Relief

The limited company pays the premiums and can claim corporation tax relief on the monthly payments saving 19%

Not A Benefit In Kind

The premiums are not classed as a benefit-in-kind or P11D benefit

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Call us on 0330 043 0515