The Most Tax-Efficient Life & Critical Illness Insurance Policy On The Market
Now you can take personal Life Insurance and Critical Illness Cover with the tax efficiency of putting it through the business.
A Relevant Life with Critical Illness Plan offers some very special advantages to directors and employees of small limited companies, most notably tax efficiency. Whilst the cover is personal to you and your employees, the policy will count as a business expense so it’s tax deductible and does not count towards annual or lifetime pension allowances.
An Easy Way To Calculate Your Savings
Our simple and easy-to-use calculator will instantly break down all the cost-saving benefits of putting your personal life insurance, and critical illness cover through the business as an expense
COMPARING THE COST
|NON-RELEVANT LIFE PLAN POLICY||RELEVANT LIFE PLAN|
|EMPLOYEE TAX||National Insurance contribution (assuming 2%)||£34.48||N/A|
|Income Tax (assuming 40%)||£689.65||N/A|
|EMPLOYER TAX||National Insurance contribution (assuming 13.8%)||£237.93||N/A|
|Less Corportation Tax (assuming 20%)||-£392.41||-£200|
A saving of £769.95, which is almost 50%
An employer who wishes to treat Relevant Life Plan premiums as an allowable business expense should speak to their accountant, who may wish to liase with the employer’s local inspector of taxes.This example is provided for illustration purposes.
Up to 50% Cheaper Than Conventional Policies
“This is the biggest product to hit the insurance market in 30 years! It will revolutionise the savings that could be had for limited company owners and their staff. Imagine, comprehensive insurance that now includes critical illness cover that you and your family can benefit from, which can be up to 50% cheaper than conventional policies, and is the only tax efficient life and critical insurance policy on the market.”
Matt Sands – C&D Group Director
WHY SPEAK TO US?
“Thank you for helping me set up the level term insurance cover. I felt it was an unique product in the market that gave me a better level of protection compared to my existing cover at almost the same premium outlay. Thank you for all your assistance and clarifications at every step (not that there were too many) I felt it was a seamless transition and would not hesitate in recommending your services. ”
“Our experience with C&D has been flawless. A very professional and friendly company who were easy to work with. Every employee that we have encountered has been extremely helpful, especially Ash who has accommodated all our requests without hesitation and nothing was too much to ask for him. We always had extremely quick replies to any queries we had and everything was explained very clearly making the whole process seamless. ”
“Ash was a pleasure to work with and helped me to understand the complex options involved in various aspects of my insurance. He also helped me save a fair amount of money by moving some outgoings from personal to business ones which also reduced my tax as well. Would highly recommend.”