Key Man Insurance & Relevant Life Plan
Key Person cover - the business can arrange a policy
to help protect the business against the financial loss
caused by the death, diagnosis of a terminal illness or
critical illness (if chosen) of a key person.
Share or partnership protection - Business partners,
directors or shareholders or members of a Limited
Liability Partnership can each arrange a policy which
pays out to the surviving business associates.
A relevant life plan is a way for an employer to provide life & critical illness cover for employees, along with potential tax benefits.
Premiums are paid by the employer & may be treated as a business expense.
It can provide a cost effective solution to provide cover for employees including directors or a limited company.
Wills, trusts & business loans are not regulated by the Financial Conduct Authority.
Wills, commercial insurance, business & personal loans, pensions & investments are referred to a 3rd party.
Potteries Mortgage Desk are not responsible for any advice received from the 3rd party.