Relevant Life Insurance

Relevant Life Insurance provides tax-efficient protection for employees and business owners. We guide you through your options to ensure the cover suits your business needs.

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Relevant Life Insurance is a tax-efficient way for businesses to provide life cover for employees and directors, helping protect their families while offering potential financial advantages for the business.

What is Relevant Life Insurance?

Relevant Life Insurance is an individual life insurance policy arranged by an employer for an employee or company director. It pays a lump sum to the employee’s beneficiaries if they pass away during the term of the policy.

This type of cover is commonly used by small businesses and limited companies as an alternative to traditional group life schemes, particularly where only one or a small number of employees require cover.

Key Benefits of Relevant Life Insurance

  • Provides life cover for employees or directors

  • Policies are written into trust, helping ensure benefits are paid to beneficiaries efficiently

  • Premiums are typically paid by the business and may be treated as an allowable business expense

  • Benefits are usually paid free from Income Tax and do not count towards the employee’s Lifetime Allowance

  • Can be more cost-effective than personal life insurance for company directors

Is Relevant Life Insurance Right for You?

Relevant Life Insurance may be suitable if you are a business owner or director looking to provide death-in-service style benefits without setting up a group scheme. As with all protection policies, suitability depends on your individual and business circumstances.

Our advisers take the time to understand your needs, explain how the policy works, and help you decide whether Relevant Life Insurance is appropriate for you and your business.

Expert Advice You Can Trust

We provide a fully advised service, sourcing policies from a range of insurers to help you find a suitable solution. From initial consultation to policy setup, we support you throughout the process, ensuring clarity and confidence at every stage.

Contact us today to discuss Relevant Life Insurance and find out how it could support your business and employees.

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Why Choose Us?

We provide personalised mortgage and protection advice to help you understand your options and make informed financial decisions.

Our experienced team supports you throughout your financial journey, offering guidance tailored to your individual circumstances and needs.

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Have Questions? Arrange a Consultation

If you would like to discuss your mortgage or protection options, please complete this form, and one of our advisers will contact you to provide guidance based on your individual circumstances.

     

    Your home may be repossessed if you do not keep up repayments on your mortgage or any loan secured against it.

    Wealth Financial Services Ltd is an Appointed Representative of Marklay Mortgages Ltd. (FCA reference number 930490), which is authorised and regulated by the Financial Conduct Authority. Wealth Financial Services Ltd is entered on the Financial Services Register under reference number 997684.

    Please note that the Financial Conduct Authority does not regulate some forms of Business Buy to Let mortgages or commercial mortgages arranged for limited companies.

    A fee may be payable for mortgage advice. The exact amount will depend on your individual circumstances and will be clearly explained and agreed with you before you proceed.

    The information and advice provided on this website is subject to UK regulatory requirements and is intended primarily for consumers based in the United Kingdom.

    Wealth Financial Services Ltd is registered in England and Wales (Company Number: 14754538). Registered Office: Crown House, Suite 302, 60 North Circular Road, London, NW10 7PN.

    Commission Disclosure: We are a credit broker, not a lender. We have access to a wide range of lenders and, following an assessment of your needs and circumstances, we will recommend a suitable lender and product. You are under no obligation to follow our advice or recommendations. We typically receive commission from the lender once your mortgage or loan completes. The commission is usually calculated as a percentage of the amount borrowed and may vary depending on the lender and product selected. The level of commission received does not affect the amount you pay under your credit agreement.

    Complaints Procedure: We are committed to providing a high standard of customer service. If you are dissatisfied with our service and wish to make a complaint, please contact: Compliance Department, Wealth Financial Services Ltd, Crown House, Suite 302, 60 North Circular Road, London, NW10 7PN or call on 020 8050 1856. If we are unable to resolve your complaint to your satisfaction, you may be entitled to refer it to the Financial Ombudsman Service.