- Our policies are portable, should your client leave their current employer they are able to continue the policy in their own name.
- No assessment of premiums on the employee as benefit in kind or otherwise.
- No assessment on the employee for the purpose of national insurance contributions.
- Benefits are paid free of income tax.
- Benefits do not count towards the lifetime allowance for pension purposes.
- In most cases benefits are paid free of inheritance tax.
- Tax relief to the employer on premiums paid.
Whether or not your business clients currently have life assurance, now could be the perfect time to review their situation to see if they would be better off with a Relevant Life policy.
To help position Relevant Life Policy with your clients, download our sales aid here.
Will my client and their employees be covered from the beginning of their plan?
If your clients apply for a Relevant Life policy, now includes free cover for up to 90 days, so your clients don’t need to wait for us to complete underwriting before their employees are covered. This is dependent on us having a completed application and direct debit instruction.