Tax-efficient life cover for company directors
If you run a limited company, your business can usually pay for your life cover - often saving meaningful tax compared with paying personally. Here's how it works.
Let the company pay for your protection
Directors of small companies often pay for personal life insurance out of income that's already been taxed. Relevant life insurance flips that: the company pays the premium, it's usually an allowable business expense, it isn't normally treated as a benefit in kind, and the payout goes to your family tax-efficiently via a trust.
It's one of the most under-used pieces of protection available to company directors and contractors. We'll check your eligibility, compare the specialist insurers who offer it, and set the policy up correctly with the trust - while recommending your accountant confirms the tax treatment for your circumstances.
Relevant life cover, arranged correctly
For directors & contractors
Ideal for limited company directors and contractors without a group death-in-service scheme.
Tax-efficient premiums
Usually a business expense with no benefit-in-kind charge - often substantially cheaper than paying personally.
Generous cover levels
Typically up to 15-25 times your total remuneration depending on age - we'll set a level that fits.
Trust arranged for you
The payout goes to your chosen beneficiaries via a discretionary trust - outside your estate and fast to pay.
Small companies welcome
You don't need to be a big employer - even a one-director company can usually arrange cover.
Part of your wider plan
Sits alongside personal protection and shareholder or key person cover - we'll make sure it all fits together.
Explore relevant life cover
Book a free consultation - tell us about your company setup and we'll come back with options and costs.
Or visit our contact pageWhat our customers say
"As a contractor I'd been turned down before. They knew exactly which lenders to approach and we completed in weeks."
"When we took out our mortgage they made sure we weren't left exposed. The whole protection conversation felt genuinely about us, not a sales pitch."
"Caring, patient and never pushy. We came away with cover we understood and a plan that protects our children if anything happens to us."