Life Cover, Paid for by your business
Get £750,000 of life cover for as little as £20pm. Free Amazon gift card worth £150*.
Frequently Asked QuestionsFree Amazon gift card worth*
£150Cover up to age
75£750k cover from
£20 pm*Available to claim on the 3rd successfully collected monthly premium over £100.
Cost Efficient
Start your cover straight away from just £20pm
How It Works
Tell us about you and your business with our quick and easy online form.
Our adviser will provide you with a quote from a panel of top providers in the UK.
We will guide your case through the underwriting process.
Peace of mind to know that you are protected.
Frequently Asked Questions
Need answers? We got 'em.
A Relevant Life plan offers a cost-effective way for an employer to arrange life cover on the life of an employee (or director), with the benefit payable to the employee's family or financial dependant.
Premiums are paid, and the policy is owned, by the employer.
Read more about Relevant Life on our guide.
Relevant Life is payable on death or an earlier diagnosis of a Terminal Illness (12 months or less to live). There is an option to include an amount payable on diagnosis of a serious illness such as cancer, heart attack or Stroke etc.
No, Relevant life plans are non-registered arrangements. The premiums paid by an employer wouldn’t constitute a taxable benefit in kind, as the policy will purely be providing retirement (in the form of terminal illness cover) or death benefits
A relevant life policy can not be used for business loan cover, business continuity or business succession planning.
Any employee or director of a limited company, or an employee of a partnership, charity or a sole trader. However, sole traders or equity partners themselves are not eligible for a Relevant Life policy.
The claim proceeds won’t be subject to income tax, or corporation tax. The policy will be held in a Discretionary Trust, therefore there will be no inheritance tax (IHT) for the estate to pay on death, but, like all non-pension discretionary trusts, the trust itself can be subject to periodic and exit charges.
The trustees will administer the trust on the behalf of the beneficiaries. The trustees can be other shareholders/directors of the business, or friends/family members. The beneficiaries would typically be your dependants E.g wife and children.
All insurers have limits on the amount of cover you can have, this is usually based on your income from the business and your current age, an example is as follows:
Up to age 35: 30 times salary Ages 36-50: 25 times salary Ages 51-60: 20 times salary Ages 61+: 15 times salary
Income could include regular bonuses, commission, overtime and P11D benefits. In the case of a shareholder/director, dividends are taken into account. There are some Insurers that will only apply these limits when you are looking at a cover amount in excess of £1,000,000.
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Anonymous
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fast trustful, very helpful. I will definitely come back again.
DANIEL S Z M BOCTOR
Rated 5.00 stars out of 5
Rebecca Jones from the B2B team has been fantastic to work with. Thank you for all your efforts. She was able to facilitate an excellent deal for us, for a very difficult case in a difficult market. We are very pleased indeed. Thank you Rebecca for all your support and making the journey as smooth as possible for us! We really appreciate all your h...
Anonymous
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Great help from Jodie.
Robert Pulford
Rated 5.00 stars out of 5
Absolutely the best service I have ever received from a firm of finance brokers. Andy Jones and Jo McCarthy were superb and I would always recommend them. The thing is they always come up with an answer and so many brokers just ignore you and don’t come back!
Mark
Rated 5.00 stars out of 5
Jo McCarthy helped us find a great holiday let mortgage where other brokers had failed, either to achieve the required LTV or approval of financial income etc. It has been the quickest and easiest process that I have ever encountered in my experience of over 20 home loans.
Anonymous
Rated 5.00 stars out of 5
Jo McCarthy was an absolute pleasure to deal with and diligent throughout negotiations, underpinned by effective communication between all parties concerned in the deal. Thoroughly recommended for future use.