Our business clients appreciate the pertinent information we provide to them, enabling them to save money by structuring personal life insurance policies through their business.
A Relevant Life Plan is specifically designed to allow personal life cover to be paid for by the business without the burden of income tax implications for the individual.
The table below sets out exactly how these savings are quantified. We find when this level of detail is provided to our clients, they cannot believe how much of a no brainer this is for them.
The difference of £769.65 demonstrates a saving of 49% on that of a normal life policy.