Relevant Life Cover
Many companies offer their employees a ‘death in service’ benefit, paying the employee’s family a lump sum if they die while they’re employed. However, this kind of benefit doesn’t suit every company as it’s not normally available to companies with fewer than five employees.
There is an alternative which is tax-efficient and cost-effective. It may be possible save nearly 50% tax (compared to an ordinary life policy). We will be happy to run through all the options and benefits of this type of policy. We also have access to a provider who includes critical illness benefit with their relevant life cover, previously this has not been available. Please get in touch to learn more.