You might be wrong! Do you think you are already paying your life insurance through your business? You might be wrong! Common misconception One of the most common responses we receive when we ask people whether they are paying their life insurance as a business expense is, yes, my account sorts this for me. However, …
The perfect life insurance balance It’s easy to get carried away with business insurance and let’s face it, you can ensure nearly any risk now. However, what’s the right balance that provides you with suitable cover for a monthly premium that is comfortable. Quick Answer Using a combination of Relevant Life and Executive income protection …
Income protection vs Critical illness? Critical illness cover and income protection are both designed to pay you a set amount of money if you are either ill or deemed critically ill, depending on the policy, but is one better than the other, and if so why? Quick answer Business income protection is generally less expensive, …
You can’t afford not to! We find with lots of business clients that they are usually massively underinsured. It’s widespread to see a life policy attached to a mortgage, and these are a great asset, no question. However, a mortgage-free house still has utility bills and council tax to pay, as well as the ongoing …
Accountant saves client 56% A 56% tax saving, a tax saving in premiums of £12,840 over the policy term. We have recently started working with accountants to re-quote life insurance for their business owners as we have found they are the best people to introduce the relevant life concept to their clients. One of these …
Recruitment Company Director saves 49% A 49% tax saving, a reduction in premiums of £27,936 over the policy term. We recently worked with Morgan Parks recruitment. The Director was paying personal private insurance policies at the cost of over £129 a month. Current policy – Level 25 years term insurance policy for the cover of …
Critical & significant illness cover explained Relevant life | critical illness cover | significant illness cover Relevant life has been very popular for a long time with company directors and contractors alike as even though the policy would be paid to their family upon death or terminal illness, it could be offset against the company …
