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Protecting Your Team’s families with Tax-Free Relevant Life Cover

Relevant Life Cover gives company directors and key employees peace of mind by providing valuable life insurance through the business. Premiums are paid directly by the company and treated as a legitimate business expense, making this one of the most cost-efficient ways to protect your team and their families.

Unlike personal life insurance, Relevant Life Cover has no P11D benefit in kind, so employees won’t face additional tax. Policies are written into a discretionary trust, ensuring that claims are paid out quickly and tax-free, without inheritance tax liability. This makes it an attractive option for high earners who also want to preserve pension allowances.

How It Works

  • Company pays the premiums — not the employee.
  • Classed as a business expense and corporation tax deductible.
  • No P11D benefit in kind, so no extra tax for staff.
  • Claims paid via a trusttax-free and outside inheritance tax.
  • No impact on pension lifetime or annual allowances.
  • Structured in line with HMRC rules

We work with a panel of specialist providers to compare options, ensuring you get the right level of cover for your needs — with transparent terms, competitive pricing, and no hidden surprises.

This service is completely free and comes with no obligation.

Tax-Efficient Protection

Relevant Life Cover provides life insurance for directors and key employees that’s paid for by the business. Company-paid premiums are treated as a corporation-tax-deductible expense with no P11D benefit in kind—a cost-effective way to protect your team and their families.

Clear, Compliant Structure

Policies are written into trust so claims are paid tax-free and outside the estate meaning no inheritance tax and no probate delays. Cover is HMRC-recognised, and it doesn’t count towards pension lifetime or annual allowances, keeping retirement planning intact.

Specialist Support

Speak to Relevant Life experts who understand director and employee benefits. We coordinate with advisers who help you compare leading providers for clear, competitive cover and deal with the application and trust documentation.

We work only with HMRC-approved providers of Relevant Life Cover. All policies are tax-efficient and fully compliant, with set-up and claims support handled quickly by experienced specialists.

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Our Promise To You

Clarity, trust and no pressure — always.

Our comparison service is 100% free, with no hidden fees or obligations. While we may receive a commission from providers, our commitment is to give you clear, unbiased information — helping you make the best choice for your business and employees.

Simple & Stress-Free Process

No pressure. No obligation. Just expert guidance.

1. Share a few details about your company and employees.

2. We connect you with trusted, HMRC-recognised providers of Relevant Life Cover.

3. Receive tailored quotes — with tax-efficient protection set up quickly and securely.

Why Choose Relevant Life?

A tax-efficient, flexible way to protect directors and employees while saving your business money.

Ideal where group life cover is not available.

Valuable benefit for directors of small companies.

Helps recruit & retain staff with a tax-efficient perk.

Covers employees up to age 75.

Flexible multiples of salary covered (up to 30× income for under 40s).

Significant premium savings compared to personal cover.

Claim paid directly to beneficiaries via trust — completely tax free.

No National Insurance cost for employer or employee.

Tax-Efficient Life Cover for Directors & Employees

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Relevant Life Cover: The Smart, Tax-Efficient Way to Protect Your Team

Benefits at a Glance

Relevant Life Cover gives directors and employees cost-effective protection through the business — structured to maximise tax efficiency and keep payouts simple.

  • Corporation Tax Deductible – Premiums are paid by the company and treated as a business expense.
  • No P11D or NI Costs – Not a benefit-in-kind; no additional National Insurance for employer or employee.
  • Tax-Free Payout to Family – Written into a discretionary trust, keeping benefits outside the estate and free from inheritance tax.
  • No Impact on Pension Allowance – Doesn’t count towards annual or lifetime pension limits.
  • HMRC Approved – A recognised, compliant structure for company-funded life cover.

Who Is It For?

Designed for businesses that want to offer valuable protection without the overhead of a group scheme.

  • Company Directors – Personal protection funded tax-efficiently by the company.
  • SMEs without group life schemes – A simple, affordable alternative to full group cover.
  • High-earning employees – Keep benefits outside pension allowances and avoid P11D charges.
  • Family protection planners – Provide peace of mind with a trust-based, tax-free payout.

Set up is quick, compliant and flexible — tailored to each employee’s needs and your company’s budget.

FAQS

What is a Relevant Life Plan? +
Who can take out a Relevant Life Plan? +
What happens if I leave the company? +
How much does it cost? +
Is medical underwriting required? +
How quickly are claims paid? +
How much cover can I get? +
Is it tax-free? +
Does it count towards pension allowances? +