The tax efficient way to protect your employees lives

Relevant Life

What is relevant life insurance?

A Relevant Life Policy is a tax-efficient alternative to a “death in service” benefit that allows you to pay your key employees’ family a cash lump sum if they die while employed by your company.

You can save nearly 50% in tax compared to an ordinary life policy while also giving your employees a comprehensive benefits package through access to our exclusive discounts and rewards partners.

Ideally suited to:

  • Company directors – provides a valuable tax benefit if their life insurance premiums are paid by your company.
  • High earners – the benefits of Relevant Life Polices don’t count towards the current Lifetime Allowance of £1.25 million, above which tax is currently charged at 55% (on death).
  • Key employees – A Relevant Life Policy can provide individual levels of cover so is ideal if you only want to reward a few employees or provide variable cover.
Wooderson Protect are an Exclusive Associate of Vitality Life and Health and do not form part of the same group as Vitality Life and Health. Wooderson Protect is an appointed representative of JBW Consulting (UK) Ltd t/as Wooderson Financial. JBW Consulting (UK) Ltd is directly authorised and regulated by the Financial Conduct Authority. Registered Address: Thrums, Fowes Lane, Belchamp Otten, Suffolk CO10 7BQ Registered in England. Registered No. 6345911.
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