Relevant Life Insurance | KN Mortgage Management

Relevant life cover is a tax-efficient life insurance policy. This type of policy will allow companies to offer their employees a death-in-service benefit. This policy can also be offered to salaried directors. This will be set up by the company and will pay out a tax-free, lump sum on death, or on diagnosis of a terminal illness.

Relevant life cover counts as a tax-deductible business expense. Another major benefit of this type of policy is that it generally allows the employee to change the cover over to a personal plan, if they leave the company.

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Facebook Rating
5.0
Based on 20 reviews
Google Rating
5.0
Based on 24 reviews

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KN Mortgage Management, KN Mortgages and knmortgages are trading styles of Keval Nagaria, who is an Appointed Representative of HL Partnership Limited, which is authorised and regulated by the Financial Conduct Authority. A fee maybe payable. The guidance and/or information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.