RELEVANT LIFE PLAN

Relevant Life Insurance Plan

A Relevant Life Insurance Plan is taken out by a company on behalf of a specific employee and the employee’s family gets a lump sum if the employee dies when employed, while the plan is in place. This relevant life insurance plan provides extra economical security to the employee’s family.

The advantages of Relevant Life Insurance are becoming more apparent to business owners and executives. Nonetheless, it is likely one of the most undersold insurance plans available. Traditionally, only major corporations have been providing death in service insurance to their workers via a corporate community life plan. Death-in-service policies, which pay 4 or 5 times one’s annual income upon death, are common. However, this is only applicable to big companies. Small and medium businesses, on the other hand have now started including Relevant Life Cover in their employment package. In reality, most of the small companies have only one to five employees. It’s definitely worth considering whether you’re the owner of a small business or one of the company’s executives.  When compared to comparable personal life insurance, Relevant Life Insurance can be claimed under company expenditure. So, if you’re a company director looking for life insurance, why would you overlook this option?

To know more about relevant life cover and insurance policy please contact us for more information and to meet with one of our advisors or call us on 02080950120 or email us on info@mountviewfs.co.uk

    MOUNTVIEW FINANCIAL SOLUTIONS

    Mountview Financial Solutions is a trading style of Rosemount Financial Solutions Ltd who are an appointed Representative of Quilter Financial Services Ltd and Quilter Mortgage Planning Ltd, which are authorised and regulated by the Financial Conduct Authority. Registered as a company in England and Wales No. 5676603. Registered Office: Rosemount House, 2-4 Chequers Road, Basingstoke, United Kingdom, RG21 7PU.

    The Financial Conduct Authority does not regulate advice on deposits or National Savings & Investments products, Tax Planning, Trusts, Buy to Let Mortgages, Auto-Enrolment, Estate Planning and Wil writing.

    The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.

    East, Off Yew Tree Ave, Rainham Rd S, Dagenham RM10 7FN

      02080950120

    info@mountviewfs.co.uk