How is this different from personal life insurance?

The main difference is who pays. Your Limited Company pays the premiums as a business expense. This means you save on Corporation Tax, and it isn't treated as a "benefit in kind," saving you on personal tax too.

Does the payout go to my business?

No. Even though the company pays the bill, the payout goes directly to your family (usually via a trust). It’s designed to look after your "home bubble" using your "work bubble."

I’m a one-person Limited Company, can I get this?

Absolutely. You don't need a huge team. As long as you are an employee of your own Limited Company, you can usually set up a Relevant Life policy.

What happens if I close my business?

If you move on or close the company, we can often help you "port" the policy or switch it to a personal one so you don't lose your cover.

Got Your Own Business?

Business Life Insurance

The Tax-Efficient Way to Protect Your Family!

Let Your Company Pick Up the Bill

If you run your own small business, you have a massive opportunity to save money by changing how you pay for your life insurance. Whether you are a solo director or you run the business together with your other half, your limited company could be paying your premiums for you—saving you a significant amount on tax.

Stop paying for your family's protection out of your own pocket using income that has already been taxed. By restructuring your cover as a business expense, you reduce your personal outgoings while keeping your home bubble completely safe.

Relevant Life Insurance
(The Most Common Choice)

What is Relevant Life Insurance?
For smaller family businesses and limited company directors, Relevant Life is usually the perfect fit.

The Business Pays: The monthly premiums are paid directly from your business bank account. It is usually treated as an allowable business expense, meaning you save on Corporation Tax and avoid personal Benefit-in-Kind tax.
The Family is Protected: If the worst happens to the named person, the tax-free payout doesn't go to the business or get eaten up by business debts. Instead, it goes directly to whoever you name in the policy’s Trust—usually your partner or children. It uses your "work bubble" to protect your "home bubble."

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Other Types of Business Protection

Other Ways to Protect Your Business

While Relevant Life is built to look after your family, you might also want to protect the actual gears of your business if you have business partners or investors. We can also help you set up:

Keyperson Insurance: This pays a lump sum directly to the business if a crucial member of the team falls seriously ill or passes away. It provides the financial breathing space needed to find a replacement or cover lost revenue.
Shareholder & Stakeholder Protection: This ensures that if a director or shareholder passes away, the remaining business owners receive the funds to buy back their shares. This keeps control of the company with the surviving directors while ensuring the family receives a fair financial payout for those shares.