Life Protection
Relevant Life Cover
Sophisticated life protection that combines family security with tax efficiency.
Designed for successful professionals and business owners who value both protection and financial optimisation.
Why This Matters
Protecting What Matters Most
Life doesn’t come with guarantees, but your family’s financial security can. At this stage of life, you’ve worked hard to build something meaningful. A relevant life policy ensures that your legacy continues, your family remains protected, and your business interests are safeguarded.
For Those Who’ve Earned Security
You’ve reached a point in life where security and planning matter more than ever. Whether you’re thinking about retirement, your children’s future, or ensuring your business can continue without you, relevant life insurance offers a sophisticated solution that respects your achievements.
Unlike standard life insurance, relevant life policies are designed specifically for business owners and senior professionals. They provide meaningful tax advantages while ensuring your family receives the financial protection they need.
This isn’t just about insurance it’s about legacy planning, tax efficiency, and ensuring that everything you’ve built continues to provide for those you care about most.
Key Advantages:
Tax Efficiency Example
For a business owner in the 40% tax bracket
| Annual Premium | £2,000 |
| Corporation Tax Relief (19%) | -£380 |
| Personal Tax Saved (40%) | -£800 |
| Effective Annual Cost | £820 |
*Example calculation for illustration purposes only
Peace of Mind for Your Family
Ensure your loved ones are financially protected, no matter what life brings. A relevant life policy provides the security your family deserves.
Tax-Efficient Protection
Maximise your financial efficiency with corporation tax relief on premiums, making protection more affordable for business owners.
Enhanced Benefits Package
Attract and retain key talent by offering relevant life insurance as part of a comprehensive employee benefits package.
Flexible Coverage Options
Tailored solutions that adapt to your changing circumstances, ensuring your protection evolves with your life and business needs.
Simple Process
How Relevant Life Insurance Works
1
Company Arrangement
Your company takes out the policy and pays the premiums, qualifying for corporation tax relief.
2
Trust Structure
The policy is written in trust, ensuring benefits are paid directly to your beneficiaries tax-efficiently.
3
Benefit Payment
On death, the benefit is paid free of income tax and potentially outside your estate for IHT purposes.
Client Experiences
Trusted by Discerning Clients
The relevant life policy has given us tremendous peace of mind while providing significant tax savings. The Tax Smart Cover team made the entire process seamless.
David Richardson
Managing Director, Richardson Engineering, Family Business Owner
As someone approaching retirement, knowing my family is protected while my business benefits from tax relief is invaluable. Exactly the sophisticated solution I needed.
Margaret Thornton
Senior Partner, Thornton & Associates
Secure Your Legacy
Protect What You’ve Built
Discover how relevant life insurance can provide tax-efficient protection
for your family while supporting your business objectives.