Relevant Life Insurance for Company Directors
Relevant Life Cover is a tax-efficient life insurance solution that allows your limited company to pay for life cover on your behalf, providing financial protection for your family while reducing the overall cost compared to a personal policy.
At Talk To O’Malley Financial Services, we help company directors structure Relevant Life policies that are simple, compliant, and cost-effective, giving you peace of mind that your loved ones are protected if the worst should happen.
What is Relevant
Life Cover?
Relevant Life Cover is an individual life insurance policy written by an employer for the benefit of an employee or director. The policy pays out a tax-free lump sum to your beneficiaries in the event of death or terminal illness during the policy term. The policy is written into trust, meaning:
Faster payouts
No inheritance tax
Nothing through your estate
Who is Relevant Life Cover for?
Protection policies are subject to underwriting and eligibility. Tax benefits depend on your personal circumstances and HMRC rules. Talk To O'Malley Financial Services is a trading style of Commercial Connect Ltd, an Appointed Representative of Mortgage Connect (NI) Ltd, authorised and regulated by the FCA.
What are the key benefits?
Life insurance paid for by your limited company
Corporation tax relief on premiums
No benefit-in-kind tax
No P11D reporting
Tax-free lump sum paid to beneficiaries
Can provide cover up to 30x your gross annual earnings
Relevant Life Cover is suitable for:
Company directors of limited companies
Business owners who take income via salary and dividends
Employees where group life cover is not available
Those wanting a tax-efficient alternative to personal life insurance
How Talk To O'Malley Can Help
I compare the market, explain your options in plain English, and set up your policy correctly from day one, including trust arrangements, so you can be confident everything is in place.
Step One
Arrange a short chat with me today
Step Two
Receive your quote within minutes
Step Three
Enjoy the peace of mind that your cover is in place
Talk To O'Malley
Let’s Explore The Right Protection Options For You, Today!
Talk to O'Malley Financial Services is a Trading Style of Commercial Connect Limited FCA Number 1021324 who are an Appointed Representative of Mortgage Connect (N.I) Ltd who authorised and regulated by the Financial Conduct Authority. FCA Number 915845, Registered in Northern Ireland no: NI637316. Registered address: Unit 10 Galgorm Court, Galgorm, Ballymena, Co. Antrim, BT42 1HW.
