TEL 01929 477 317

Tax Efficient Life Cover
For Directors


If you're a company director and you have life assurance in place to protect your family, you could be paying more tax than you need to.

Relevant life policies are a way of providing death in service benefits on an individual basis no matter how small your business is. They are not classed as a 'benefit in kind' so no tax payable on the premiums. In most cases the benefits are paid free of inheritance tax – provided the benefits are payable through a discretionary trust.

What are the benefits?

What are the advantages of using a discretionary trust?

Are there any limits to the cover I have?

The legislation does have some limits to qualify for the tax concessions, and to ensure these are met, it requires that:

Who are relevant life policies suitable for?

How do I take out a relevant life policy?

Contact us to discuss the tax advantages and suitability with you in more depth and arrange a 'no obligation' quote.


Register to receive our newsletter with all our latest offers: