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Relevant Life Insurance
Relevant Life Insurance is a specialized form of life insurance designed for business owners and directors, particularly those who work for small businesses and limited companies. It’s a tax-efficient way to provide life insurance benefits to employees, including company directors, while minimizing the tax liabilities for both the business and the insured individuals.
INSURANCE
Relevant Life Tax Advantages
Unlike traditional group life insurance, the payout is typically not subject to inheritance tax, making it a tax-efficient way to provide a valuable benefit to employees.
Relevant Life Insurance is subject to specific regulations and criteria set by HM Revenue and Customs (HMRC) in the UK. It’s important to consult with a qualified financial advisor or insurance professional to ensure that it’s set up correctly and in compliance with relevant tax laws and regulations.
Expert advice from Prima Insurance Brokers
With a wealth of experience spanning multiple years, we are the trusted experts in relevant-life plan insurance. We make it our mission to thoroughly understand each organization’s unique needs, forging a strong and dependable partnership.