Relevant Life

A Relevant Life Policy is a tax-efficient alternative to a "death in service" benefit that allows you to pay your key employees' family a cash lump sum if they die while employed by your company.

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HOW IT HELPS

You can save nearly 50% in tax compared to an ordinary life policy while also giving your employees a comprehensive benefits package through access to our exclusive discounts and rewards partners.

WHO IT’S FOR

  • Company directors – provides a valuable tax benefit if their life insurance premiums are paid by your company.
  • High earners – the benefits of Relevant Life Polices don’t count towards the current Lifetime Allowance of £1.25 million, above which tax is currently charged at 55% (on death).

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