Relevant life plans
A smarter way to protect you and your employees
A relevant life plan is a life insurance policy that comes with significant benefits for business owners. Not simply a method of protecting your family and employees, it can be a highly cost-effective and tax-efficient solution promising substantial savings.
We partner with some of the country’s leading insurers, providing access to competitive quotes and policies. Take the next step today, so your business can protect itself and its employees in a smarter, more tax-efficient way.
Simply get in touch to receive your free, no obligation quote.
Tax efficient life assurance
How you benefit…
Significant tax savings
Did you know you might be paying unnecessary corporation and income tax if you aren’t claiming your life insurance as a company expense?
With a relevant life plan, the full cost of the premiums can be claimed as a tax-deductible expense, so you will pay no National Insurance contributions or income tax. That could mean huge savings!
Complete the form below or give us a call to see how we can help you and your business save money.
Provision for your family
It can be worrying to think about what would happen to your family if you were to die or be diagnosed with a terminal illness.
With a relevant life policy, you can have peace of mind that your loved ones will receive a payout should the worst happen – depending on your circumstances, the benefits will be paid tax free and the premiums will usually be deductible as a business expense.
Complete the form below or give us a call to see how we can help you and your business save money.
Attractive benefits for staff
Your workforce are an integral part to your business success. When extended to your workforce, a relevant life plan can form part of an attractive benefits package, one that helps your business attract and retain the highest calibre of staff.
Get in touch to see how we can help build a package to suit your business and your team.
Estate planning benefits
What’s more, a relevant life plan will not be subject to Inheritance Tax if written into a trust, which means those with sizeable estates can benefit even further.
Just get in touch today to find out more!
Life Assurance plans typically have no cash in value at any time and cover will cease at the end of term. If premiums stop, then cover will lapse.
MGT Financial Planning are not tax advisers and you should consult your tax advisers before putting such policies in place.
Corporate client form
In our experience, most businesses do not fully appreciate the risks they are exposed to, or the solutions available to address them.
We can help. Get in touch today for a complimentary, no obligation discussion about what you can do to better protect your business.
Production
