About Us

The Relevant Life Experts

 
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For your convenience, our most common customer questions are answered right here. Not finding what you want? Reach out directly through our Contact Us page.

WHAT IS A RELEVANT LIFE PLAN?

An individual Death in Service life assurance policy available for employees of the company which includes directors. Your business pays the premiums based on the level of cover. If the person dies or is diagnosed with a significant illness or a terminal illness whilst in employment during the term, the plan pays a fixed, one-off lump sum.

Who can take out a Relevant Life Plan?

To be eligible for a Relevant Life Plan, the person covered must be an employee of a UK Limited business.

If you or an employee leaves the company?

There are two options which must be exercised within 90 days of leaving:

  • The new employer can apply to continue the policy.

  • The former employee can continue with the policy personally.

Doesn’t my company receive the pay-out not me?

No. We write all Relevant Plans into what is called a Trust. This is really important as it ensures any pay-out is not treated as a business receipt but goes directly to the family, quickly (avoiding the legal process) and tax efficiently (avoiding inheritance tax). We do this as standard and it’s completely free with us.

Trusts are not regulated by the FCA.

Why not just take out personal cover?

You can though it will actually cost you more. Paying personally, once you factor in your gross wage (ie. before tax is applied to your wage), the difference is quite large. You could save up to 49% on your premiums by simply allowing your business to pay.

How do I go about getting a quote?

Simply call us on 0330 043 4321 or submit an enquiry and we will be in touch. We’ll make sure you are eligible, provide quotations for you to make an informed decision. No pressure, no rush.

What happens if I need to claim?

Call us. Our Claims Team are here to make sure any claim goes through quickly and smoothly, stress free.

Still need help? Message us!

For any other questions, please write us at enquiries@candd.uk.com or call us on 0330 043 4321

What Our Customers Are Saying


 

★ ★ ★ ★ ★

“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. ”

Shibu Kurian
Kent

★ ★ ★ ★ ★

“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. ”

Andy Ross
LochBroom

★ ★ ★ ★ ★

“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.”

David Amour

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