A tax-efficient method of providing death-in-service benefits for your employees.

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As an employer you care about your family and business. Relevant Life is a tax- efficient life assurance policy you can provide for your employees.

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What does it mean for businesses and employees?

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• HM Revenue & Customs will treat the policy premiums as business expenses

• Premiums are paid into a relevant life policy and usually considered to be allowable deductions and not benefits in kind.

• No National Insurance or Income Tax liability on premiums for you and your employees

• Benefits are paid tax free to beneficiary

• Premiums to not form part of an individual annual allowance for pension contributions.

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The policy only pays out in event the life covered dies or is diagnosed with a serious illness as defined in the policy conditions. There is no cash in value at any time

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HM Revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes which cannot be foreseen.