Business Life Insurance
Life insurance cover for limited company directors that is tax free, cheaper in real terms and can be written off as a business expense. It’s classed as a death in service benefit and is set up in a RLPT (Relevant life plan trust)
Sick pay for limited company directors that is again tax free, cheaper in real terms and can be written off as a business expense.
Life insurance for shareholders that makes sure if a shareholder passes away the remaining shareholders can afford to buy the shares back from the deceased / terminally ill shareholders next of kin, ensuring smooth function of the business and minimal financial disruption.
Ensures any loans taken out by the director that have a personal guarantee are covered on death. Saving the burden for any other directors or next of kin.
Protects the business from any financial loss on the death of any keyperson. A keyperson is considered someone who is integral to the running of your firm. I.E. Head of sales, technological director etc. This money can be used to recruit, replace profits this individual would have made in the event of death or critical illness
Each product can be taken out individually. Click below to have a chat and let us know your needs for your business. We will then send you a no-obligation quote
Why get Business Life
Insurance?
Make sure you are taking advantage of tax benefits & protecting the one thing you work so hard for: your business.
Business Life Insurance acts as a safety net for your company if a key person or owner passes away. It can act as a tax efficient life insurance policy, cover business loans, provide cash flow, and ease ownership transitions, helping your company maintain stability and continue operations with minimal disruption.
