Relevant Life


Relevant Life Plans allow you to provide employees (including directors) with tax efficient death in service benefits without the need for, or alongside, a pension scheme.

Relevant Life Plans can be particularly beneficial for small businesses that don’t have enough eligible employees to warrant a group life scheme. They can also be attractive for high-earning employees or directors who have substantial pension funds and don’t want their benefits to form part of their lifetime allowance, and for members of group life schemes who want to top up their benefits.

It can be arranged to provide a lump sum if the employee dies or is diagnosed with a terminal illness.

Some of the benefits of Relevant Life Cover

Peace of mind


Peace of mind

Provides valuable Life Cover for an employee and their family. 

Tax efficient

Non-taxable benefit for the employee and is usually paid without any Inheritance tax. It also doesn’t form part of their annual or lifetime allowance for pension benefits. 

Cost efficient

The cost of the plan is normally an allowable expense for the business meaning the business gets tax relief on the premiums paid.