What is Relevant Life Cover?

Do you own a Limited company? Are you paying for your life insurance personally? Do you know what a Relevant Life Policy is?

Not only can your limited company pay for your Relevant Life policy, but it can also include cover for your Shareholders too.  So, what is Relevant Life?

The easiest wayto explain this cover is to call it by its more recognized name of Death in Service.   This policy provides cover to the beneficiary who is personally diagnosed with a terminal illness and with less than 12 months to live.  Also, this policy covers accidental death and can provide real peace of mind, ensuring that the family is truly protected and provided for in what are the saddest of times.  For example, I recently arranged a policy for a client who owns a portfolio of properties.  He wanted this cover to ensure that his family, in the event of his death, did not have sell any of the properties that he has worked so hard to grow and maintain.

Does this sound like something that might be of interest to you?  Give Jade a call on 01204 304814 or contact her through our website to chat through your requirements.