Save 62% on your life insurance in tax relief
If you are a business owner you could save thousands of pounds in tax by paying for you life insurance through your business.
Find out how below.
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- Save 62% in tax with life insurance
- Tax free life insurance for your family
- HMRC approved since 2006
- No benefit in kind so completely tax free benefit
Introducing Relevant Life Insurance
To take advantage of these benefits, you need a specific type of policy called a 'Relevant Life Policy'. Relevant life insurance is life insurance and is offered by all of the UK's leading insurers. If you die, your family receives a tax-free lump sum to help them.
Your business pays for the premiums, and HMRC has approved them as business expenses that attract corporation tax relief. There is no benefit in kind or income tax to pay, making this a tax-free and tax-efficient policy.
As a company director, you can potentially save up to 62% in tax compared to a personal life insurance policy. This significant tax saving could be a game-changer for your financial planning.
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Does your business qualify?
You should be eligible if you have a UK-based limited company and are either an employee or a director.
We find that company directors love to take advantage of the corporation tax and income tax relief as they can find essential cover for their families in the most tax-efficient way.
Arrange A Free Initial Consultation TodayThe great news is we do all the work for you and find you the most cost-effective, relevant life insurance. We can provide quotations from every UK insurer, so there is no need for comparison sites and multiple calls from multiple insurers.
Search For The Best PremiumsIt only takes five minutes, no sales waffle, just simply answers to your questions.
Book NowWhat our clients think
Smooth process, easy to deal with and most importantly they saved me a lot of tax by switching my policy to one that could be paid for by the business.
Recently used them for relevant life and income protection. Professional and informative.
I set up shareholder protection policies for me and my business partners through Executive Life. They found us competitive quotes and the process was swift. I would highly recommend to other company directors.
Executive Life helped me find the best deal for my life insurance policy and also my income protection policy. It was very easy and the process took no time at all - I would highly recommend them!
Very happy with the service and process I went through. They explained how the income protection policy worked and how it would be tax efficient for me through my limited company.
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Ready To Get Cheaper Business Life Insurance Premiums?
Ready to start getting cheaper business life insurance premiums? Contact our team of dedicated life insurance advisors and wealth managers today to arrange your free consultation.
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