Tax Deductable Life Cover For Limited Company Directors

Can be offset against corporation tax
Save between 40% & 49% compared with personal life premiums
Fully HMRC approved
On pay out your family are liable for zero tax
Life & significant illness cover available

Relevant Life Protection is a very smart proposition for any Ltd Company director

There is a 1-3 chance that you will suffer from heart disease, stroke or cancer before the age of 65. ARE you covered?
Relevant Life Hub insures more than just your life. Significant illness cover may also be included.

What Is Relevant Life Cover?

It’s life cover, but not as we know it. It is a very tax efficient life insurance product, specifically designed for limited company directors, that pays out a tax-free lump sum to a nominated loved one or family member.

Premiums are tax deductible making it extremely cost effective
The life insurance benefit is automatically written into a free trust to shield against all tax liabilities at the point of payout
Payout to your nominated loved ones is swift, avoiding unnecessary delays due to probate
Relevant Life Cover doesn't attract inheritance tax

Significant illness cover can also be written into your cover

“I really like the tax angle on this product. All medical consultants with a ltd company should 100% consider this.”
John - ENT Surgeon - Preston

"I can’t understand why company directors don’t have this product within their portfolio. It’s a no brainer!"
Zog - Managing Director - Ealing

Did you know Relevant Life Cover could save you around 50% on your premiums compared to standard life insurance?

Tax Savings

Payments made by the company are eligible for corporation tax relief
Payments behalf of the individual are not treated as a P11D benefit
There are no Employer / Employee National Insurance ( NI ) implications
Benefits do not count towards annual or lifetime pension contributions
Consequently, when compared to paying personally out of already taxed-income:
- For a Basic Rate Taxpayer – this results in a potential premium saving of 40%
- For a 40% Higher Rate Taxpayer – this results in a potential premium saving of 49%

DID YOU KNOW? If you breach your lifetime pension allowance you will attract excess tax charges. Relevant Life Hub can help you mitigate these liabilities.

About Us

Our team, led by Anthony Reeves (pictured right) has over 30 years’ experience providing financial advice to High Net Worth individuals. You can be assured you will receive the best possible advice and highest possible service levels with Relevant Life Hub.

Our ethos is to provide an independent, professional service which allows you to utilise your ltd company to provide the most tax efficient life cover, for your family, with the minimum paperwork and hassle.

In addition to Relevant Life & Significant Illness Cover, we have access to a wide variety of investment strategies and other tax planning initiatives.

Contact Us

enquiries@relevantlifehub.co.uk

0333 920 0321