Relevant life cover

Relevant life cover offers a tax efficient way for an employer – usually a small business, to provide life cover for an employee. It is designed to help protect the employee’s family against the impact of their death or diagnosis with a terminal illness whilst they are employed by paying out a lump sum.
A Relevant Life Plan is paid for by the employer.

Who is a relevant life plan for?

  • Employers looking to provide ‘death in service’ benefits, but with too few employees to set up a group scheme.
  • Directors wishing to provide their own individual ‘death in service’ benefits without taking out a scheme on all employees.
  • High earning individuals, such as directors.


Relevant Life Plans are not available where there is no employee/employer relationship. For example: sole traders, equity partners of a partnership or equity members of a Limited Liability Partnership.


For more information on which protection policy best suits your needs call our expert team today.