Key people can get Life Insurance through Relevant Life Cover and Keyman Insurance. Furthermore, a firm both owns and supports them. However, the two types of policies are distinct and kept highly separate. For business continuity purposes, the Key person cover is designed to help the company deal with losing a key employee by making […]
If you’re looking to protect your family with a life insurance policy, relevant life insurance cover is a tax efficient way to do it through your own limited business. Relevant Life Insurance Plans: This type of insurance is similar to the ‘death in service’ policy that many older employees get. A relevant life policy (RLP) […]
Many small business owners would want to provide financial benefits to their workers or directors, such as life insurance. What alternatives do passionate entrepreneurs have for insuring against the unexpected death of an employee and providing some sort of benefit to their family as their firm grows and hires new employees? Relevant life insurance is a […]
Life is quite uncertain, and securing it with a life insurance plan is very important and that is when Relevant Life Plan becomes important. A Relevant Life Plans are 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 […]