A Relevant Life Plan offers a cost-effective way for an employer to arrange term assurance on the life of an employee, including directors.
It's designed to pay a lump sum benefit payable to the employee’s family if the person covered dies or is diagnosed with a terminal illness, whilst employed during the term of the policy.
Tax efficient, non-taxable benefit for the employee and is usually paid without any Inheritance tax. It also doesn’t form part of their annual or lifetime allowance for pension benefits
Cost efficient, the cost of the plan is normally an allowable expense for the business meaning the business gets tax relief on the premiums paid.
Providing a relevant life policy as part of an overall benefits package can make your company more attractive to potential employees, can help to retain and reward existing employees.
We've made our process as quick and simple as we can. It goes like this:
Tell us about you and your business with our quick and easy online form.
Our advisor will call you and provide you with a quote from a panel of top providers in the UK.
We will guide your case through the underwriting process.
Peace of mind to know that you are protected.
When you speak to us, you'll be speaking to a friendly Relevant Life specialist based in the UK.
More4Insure© is a trading name of More4Business Limited (FCA Number: 980294) who is an appointed representative of Prosper Protect Limited. More4Business Limited is registered in England & Wales 288a Swanwick Lane, Lower Swanwick, Southampton, England, SO31 7GT. Prosper Protect Limited is authorised and regulated by the Financial Conduct Authority (FCA). More4Business Limited ICO registration reference ZB510621.