SME package - tailored life insurance with benefits


Relevant Life Policy

 

 Give your employees the best benefits

  • Affordable and tax efficient insurance
  • Life Cover and a healthy living rewards programme

Relevant Life Policies are a cost-effective alternative or ‘top-up’ to group death in service benefit.

Many companies offer their employees a ‘death in service’ benefit, paying the employee’s family a lump sum if they die while they’re employed. However, this kind of benefit doesn’t suit every company.

  • It’s not normally available to companies with fewer than five employees
  • It’s arranged on a group basis which makes it harder to tailor benefits to suit your most valuable people
  • It may not suit everybody either, high earners with large pension pots can find it takes them over their Lifetime Allowance

There is however a tax-efficient and cost-effective alternative for both you and your employees. Save nearly 50% tax (compared to an ordinary life policy) and reward your people with Vitality* when you take out a Relevant Life Policy. 

An SME employee benefits package. Big business benefits for small businesses.

*A Relevant Life Policy from PruProtect comes with Vitality, a healthy living rewards programme. It allows you to offer your employees a wide-ranging benefits package which not only rewards them but helps them to live life well.

Need help exploring the right options to protect your business?

Call 01865 361191 today.

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