Protect Your Family & Save Thousands – Life Insurance Paid by Your Business
Get tax-efficient life insurance through your business—no personal tax, no hassle. Your life cover, your business expense."
Join Thousands of Business Owners Saving Big with Vantage HL
Pay Less Tax. Get More Protection.
With Relevant Life Cover, your life insurance becomes a deductible business expense, saving you up to 50% in tax compared to paying for life insurance personally. That’s more protection for your family without breaking the bank.
Tax Savings
Deduct premiums as a business expense.
No Personal Income Tax
No need to withdraw income to cover premiums.
Flexible Cover
Tailored to your business and personal needs.
Exclusive for Directors & Business Owners
Maximize tax efficiency.
How Does Relevant Life Cover Compare?
Personal Life Policy
Annual Premium
£1,000.00
Employee gross salary increase
£1,388.89
Employee National Insurance Paid
£111.11
Employee Income Tax Paid
£277.78
Employer National Insurance Paid
£191.67
Corporation Tax Relief Granted
-£395.14
Net Cost to Tom
£1,185.42
No Personal Income Tax
Annual Premium
£1,000.00
Gross Earnings Required
N/A
Employee National Insurance Paid
N/A
Employee Income Tax Paid
N/A
Employer National Insurance Paid
N/A
Corporation Tax Relief Granted (20%)
-£250.00
Net Cost to Tom
£750.00
If Tom selects the Relevant Life Policy, he saves £435.42 per year, equivalent to a 41.94% savings. Over a 35-year term, that adds up to £15,239.70!
Tax-Efficient Savings
In this example, Tom is a higher-rate taxpayer. Even if Tom were a basic-rate taxpayer, the savings could still be as much as 40%. Based on current tax legislation (2023/24 tax year), the savings from using Relevant Life Cover can be substantial.
The difference in cost between personal life insurance and business-paid life insurance can be significant. If you'd like to see how much you can save with Relevant Life Cover, get in touch below.
Testimonials
Real Stories, Real Savings
Meet John, a business owner who switched to Relevant Life Cover and saved over £1,500 a year in taxes. With the money saved, he invested in growing his business while ensuring his family’s financial future.
The team at Vantage have looked after my protection requirements for many years. If I’ve a question, query or need some help with my renewal I just have to lift the phone. Nothing is ever a problem.
Chris Canning
Managing Director, Canning Builds.
Stuart has been managing our affairs in the protection side of our business for a number of years. Keeps it simple and keeps the cost at a price I like to pay!
John McMahon
Director, JR McMahon and Co
I needed an urgent appointment and Stuart and his team helped get this organised for me extremely quickly recommending a hospital and consultant.
Caroline Kennedy
Director, Roy Kennedy Fuels
FAQs
Got Questions? We’ve Got Answers
How is Relevant Life Cover different from personal life insurance?"
It’s paid for by your business, meaning it’s tax-deductible, unlike personal life insurance.
How much can I save?
Business owners can save up to 50% compared to paying for life insurance personally.
How much can I save with Relevant Life Cover?
Business owners can save up to 50% in taxes by deducting premiums as a business expense, significantly reducing the cost compared to paying for personal life insurance.
Who is eligible for Relevant Life Cover?
Relevant Life Cover is ideal for business owners and company directors looking to provide life insurance as a tax-efficient business expense.
Is Relevant Life Cover only available for large businesses?
No, Relevant Life Cover is suitable for businesses of all sizes, including small business owners and sole directors, allowing them to benefit from tax-efficient life insurance.
Ready to Save Thousands?
Get Started Today!
Copyright © 2024. All Rights Reserved
Vantage Health & Life is a trading style of 1st Call 4 Mortgages (UK) Ltd who is authorised and regulated by the Financial Conduct Authority. FCA number (676588)