Relevant Life cover

The value of pensions and investments can fall as well as rise, you may get back less than you invested.

If you run a limited company, large or small, you can benefit from taking out a Level Term policy in a tax efficient way.

These life policies can be paid for through your Limited company gross revenues where premiums are fully corporation tax deductible and premiums therefore wouldn’t be subject to income tax either, as premiums are paid gross from business revenues. The saving on your premium could be as much as 50% vs. if it were a personal policy, paid net of tax.

The sum assured on death is also tax free as it is paid into trust which can typically retain and loan monies.

To qualify for Relevant Life cover you would need to be a shareholder or a schedule E employee.

We differ from other advisory firms in that we provide truly joined up financial advice, meaning that we understand what ‘financial planning’ comprises of, i.e. working with a quality financial adviser, accountant & possibly legal firm, depending on your requirements. We bring these threads together to join up the dots and ensure that nothing is missed from your financial plan.

For more information, please get in touch.