Let the taxman help pay for your life cover.

If you own a small business there could be a smarter way to buy life insurance. With a relevant life policy the business makes the payments rather than the person who is covered.

Based on current tax law this means you won't pay any income tax or national insurance contributions on the premiums, but you still benefit from corporation tax relief. This could add up to big savings for you and your key employees.




Our expert advisers are able to give you free, impartial advice on the best way to ensure you, your business and your family are protected in the most cost effective way. You can speak to them on 01225 343483 or email enquiries@landc.co.uk quoting 'business protection' and we'll contact you as soon as possible.

*Assumes that corporation tax relief at 20% has been granted under the wholly and exclusively rules. In both cases we’ve assumed a payment of £1,000 each year for the life cover on an employee who’s paying income tax at 40% and employee’s National Insurance at 2% on the top end of income. We’ve also assumed that the employer is paying corporation tax at the small profits rate of 20% and will pay employer’s National Insurance at the contracted-in rate of 13.8%.

Call our expert
advisers now
icon-contact
Call free from mobile or landline
Open 7 days a week until 8pm weekdays