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.

Client based in Cheshire

Mark provided clear, concise and understandable information on the options that were available to us. He talked us through our risk profile and provided sound advice on the action for us to take going forwards.

Client based in West Yorkshire

Mark is excellent at explaining the complexities of investing to somebody with very little understanding of financial matters. He has devised a portfolio of investments that should give me a comfortable living. He’s a likeable, approachable person with so much patience.

Client based in Cheshire

When we were looking to set up a trust fund for our daughter, Mark talked us through every step of the way. He made sure we fully understood the nature of what we were looking to achieve and formulated a sensible approach to the trust investment.

Client based in Cheshire

Having released equity from my house sale, I needed specialist advice regarding how to invest the money to achieve the best return. Mark helped by producing a comprehensive financial portfolio. He thoroughly explained how the service worked and was very helpful and professional throughout the whole process.

Client based in Cheshire

Mark has helped a number of my clients with key person insurance. He’s also reviewed my pension pots and advised me on the best way to manage them moving forward. I value that he’s available when I call.

Client based in Cheshire

Mark has listened to what I want to achieve and created a portfolio of investment products to meet my needs. He has clearly explained the options that are available to me along with the benefits and risks of each of the investments he has recommended. Mark has been my financial adviser for over 10 years and during this time I have been very happy with the quality of the advice he has provided to me.

Client based in Cheshire

Mark helped by initially spending time to understand my goals and objectives not just from a financial point of view but also for my life in general. He produced a detailed report that reflected our discussions and included recommendations which encompassed an overriding strategy. Mark has advised me on other important financial matters such as my pension, retirement income and inheritance planning.

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.