Relevant Life Cover
Relevant Life Cover is a tax efficient way for a business to offer death in service benefits to its employees and offers an alternative to group life schemes.
It can be a valuable addition, or a starting point for any benefits package, whilst helping to retain your best people, or recruit new talent.
Any employee of a business qualifies, including shareholder directors. Benefits are paid into a discretionary trust for your family.
- Do you have an active role in the business?
- Do you take PAYE income?
- Are you employed by the business?
- Is the business a trading entity?