Relevant Life with employee significant illness insurance
The cover that pays out when you’re seriously ill.
· A tax-free cash lump sum when you need it most.
· Protect against a major health crisis.
· Financial Protection for you and your family.
How it Works?
Employee Significant Illness Cover pays you a tax-free cash lump sum if you are diagnosed as having one of the illnesses specified in the policy. The cover can help with care costs, medical bills, or even travelling abroad for treatment. It can also cover your financial commitments such as a mortgage, loan and general living costs.
Up To 50% Cheaper
Comprehensive cover that you and your family can benefit from but cheaper than conventional policies
The limited company pays for your life insurance premiums – not you.
Employee Significant Illness
Employee Significant Illness can now be included within a Relevant Life Plan
No National Insurance
You and the limited company do not have National Insurance contributions to pay
The limited company pays the premiums and can claim corporation tax relief on the monthly payments saving 19%
Not A Benefit In Kind
The premiums are not classed as a benefit-in-kind or P11D benefit