Tax relief on your Life Assurance

Many customers will be aware that those fortunate to be in a decent company or government pension scheme will often benefit from Life Assurance as part of their overall employment package. Often known as ‘death in service, this benefit has sadly not been available to those engaged in running their own firm.

The great news is that we are able to offer life assurance & critical illness protection to these customers with their firm paying the premium. The benefits can be enormous as the premium is paid before tax which means that the ‘true cost’ is much lower.

This type of policy is known as ‘Relevant Life Assurance’ and it is important to consider before evaluating other options, simply because it is tax deductable.

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