Breakthrough in Relevant Life Insurance products
What is Relevant Life Insurance?
In a nutshell, Relevant Life Insurance (RLI) can provide an individual death in service policy that can enable business owners to provide tax efficient life cover for their employees through the company.
Policies have historically focussed on including a death benefit and a terminal illness benefit, however these plans can now also offer the option of a critical illness benefit to be included in the policy. This is a major breakthrough in the insurance market and provides an additional benefit that was previously not allowed.
What are the possible features and benefits:
Available as life or life and critical illness cover.
Companies can choose the cover amount and policy term.
Options available: increasing cover and total permanent disability.
Relevant Life Insurance has no cash in value at any time.
For more information on the latest Relevant Life Insurance products and to speak with one of our independent financial advisers call us
on 01273 208813 or email [email protected] and we would be more than happy to help you.
This article was originally published on Tuesday, February 9, 2016 – 09:16
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IEP Financial is authorised and regulated by the Financial Conduct Authority (FCA)