Call 01202 700053

Tax efficient
Life Insurance
for Contractors.

Request a Relevant Life Insurance Quote

What is Relevant Life Insurance?

Put simply, Relevant Life Insurance is tax efficient life cover for company Directors and LTD company employees. It moves the cost of your Life Insurance policy from your pocket to your company expenses & the taxman - saving you money.

Watch the short video to see how it works.

Request a Quote

Or call 01202 700053

6 benefits to Relevant Life Insurance

1 Save tax

You immediately save tax by the business paying the life cover premium.

2 No P11D benefit

It's not treated as a benefit-in-kind; the premium is not included as a P11D benefit.

3 No National Insurance

Premiums are not subject to National Insurance payments for the employer or employee.

4 Corporation tax relief

Your business can claim Corporation Tax relief on the premiums.

5 Benefit paid tax free

The benefit is payable tax free.

6 Pension allowance not impacted

The benefit does not count towards your lifetime allowance for pension purposes.

Aegon AIG Aviva Legal & General Royal London Vitality Zurich

What other benefits to Relevant Life Insurance are there?

If the worst happens, the sum you’re insured for could be used to help with:

Your mortgage

Relevant Life Insurance could be used to repay your mortgage debt, leaving your family mortgage free and with no further monthly payments to manage.

Your family

Relevant Life Insurance can protect your loved ones way of life. A lump sum payment could be used to protect the lifestyle they’ve become accustomed to and safeguard your family's future standard of living.

Your income

Relevant Life Insurance can safeguard your future earning potential. If the worst happens, you can leave a multiple of your annual salary as a lump sum as a means to replace the loss of future earnings your family would have normally benefited from.

Your health

Relevant Life Expert have selected insurers who offer more than just tax efficient life cover. Speak to an adviser to learn about the extras benefits we can build into your insurance policy offer. Benefits like half price gym membership, discounts on fitness trackers, trainers, spas and sports equipment!

Request a Quote

Or call 01202 700053