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Life insurance for limited company directors

What is a relevant life policy?

If you are self employed through a limited company and pay PAYE you can benefit from taking out relevant life insurance which is paid for through your Limited Company.

What you need to know...

This plan is aimed at:

  • Employers looking to provide lump sum benefits, but with too few employees to set up a group scheme.
  • Directors wishing to provide their own individual ‘death in service’ benefits in a tax-efficient manner.
  • High earning individuals, such as directors, who are looking for lump sum benefits without affecting their Pension Lifetime allowance.

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