Common Relevant Life Insurance questions.

Common Relevant Life Insurance questions.

Please contact us with your Relevant Life Insurance query

Please contact us with your Relevant Life Insurance query

Simply enter your details below for us to help you.

By submitting  information through this website, you have given your agreement to receive verbal contact from us to discuss your insurance requirements. You voluntarily choose to provide personal details to us via this website. 

Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 2018.  You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.

Simply enter your details below for us to help you.

By submitting  information through this website, you have given your agreement to receive verbal contact from us to discuss your insurance requirements. You voluntarily choose to provide personal details to us via this website. 

Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 2018.  You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.

By submitting this data, I am consenting to the use of my data in line with our  Privacy Policy

By submitting this data, I am consenting to the use of my data in line with our  Privacy Policy

What if I want to close my company?

What if I want to close my company?

If you decide to cease trading and close your business, it may be possible to transfer the Relevant Life policy to a future employer, assuming that they are willing to fund the premiums.

If you decide to cease trading and close your business, it may be possible to transfer the Relevant Life policy to a future employer, assuming that they are willing to fund the premiums.

Paid personally vs. via your company

Paid personally vs. via your company

Personal Life Insurance policy premiums are paid out on taxed income. A Relevant Life policy premium is paid from your company’s pre-tax profits, attracting Corporation Tax relief.

Personal Life Insurance policy premiums are paid out on taxed income. A Relevant Life policy premium is paid from your company’s pre-tax profits, attracting Corporation Tax relief.

How long does it take to set up a Keyman policy?

How long does it take to set up a Keyman policy?

If the person to be insured is in good health, below a certain age, and the sum assured falls below a set threshold, we can submit an online application, and it is possible for cover to start immediately.

If the person to be insured is in good health, below a certain age, and the sum assured falls below a set threshold, we can submit an online application, and it is possible for cover to start immediately.

Why is Keyman Insurance Important? 

Why is Keyman Insurance Important? 

Keyman Insurance is important as it provides financial stability in the event of the death, or long-term illness of a key person.

Keyman Insurance is important as it provides financial stability in the event of the death, or long-term illness of a key person.

Is there tax on the lump sum?

Is there tax on the lump sum?

A Relevant Life policy is set up in a discretionary trust, so no Inheritance Tax will be payable by your beneficiaries.

A Relevant Life policy is set up in a discretionary trust, so no Inheritance Tax will be payable by your beneficiaries.

Tax-Free Lump Sum

Tax-Free Lump Sum

Death in Service

Death in Service

Tax Efficient

Tax Efficient

Corporation Tax Relief

Corporation Tax Relief

The Relevant Life Insurance Process

The Relevant Life Insurance Process

Working with HB Partners

Working with HB Partners

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An informal introductory conversation

An informal introductory conversation

Your protection experts will work with you to  understand your risks, then take you through the options available to you. Such as how much cover do we need? 

Your protection experts will work with you to  understand your risks, then take you through the options available to you. Such as how much cover do we need? 

We will look for the most appropriate insurance product to suit your circumstances, whether that be Life cover only, Life and Critical Illness or Income Protection?

We will look for the most appropriate insurance product to suit your circumstances, whether that be Life cover only, Life and Critical Illness or Income Protection?

Our Expert Recommendation

Our Expert Recommendation

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The right Relevant Life Insurance for you

The right Relevant Life Insurance for you

Our experts will calculate the amount of cover required, then compare the relevant providers that meet your business needs.  We will then take you through the providers and options for you.

Our experts will calculate the amount of cover required, then compare the relevant providers that meet your business needs.  We will then take you through the providers and options for you.

With your agreement, we will then proceed with an application. We will manage all paperwork and update you at every stage of the process, until completion.

With your agreement, we will then proceed with an application. We will manage all paperwork and update you at every stage of the process, until completion.

Full Application

Full Application

If you are the owner of a Limited Company, looking for Life Insurance, we recommend you take out a Relevant Life policy, which is paid for by your business, resulting in a significant tax saving. Benefits of a Relevant Life policy include:

If you are the owner of a Limited Company, looking for Life Insurance, we recommend you take out a Relevant Life policy, which is paid for by your business, resulting in a significant tax saving. Benefits of a Relevant Life policy include:

What is 3 + 5 =

What is 3 + 5 =

Meet the Team

Meet the Team

WHAT IS RELEVANT LIFE INSURANCE?

WHAT IS RELEVANT LIFE INSURANCE?

Relevant Life Insurance is a Life Insurance policy to protect your dependants should you die, which is paid for by your limited company, resulting in a significant tax saving.

Relevant Life Insurance is a Life Insurance policy to protect your dependants should you die, which is paid for by your limited company, resulting in a significant tax saving.

IS RELEVANT LIFE COVER TAX DEDUCTIBLE?

IS RELEVANT LIFE COVER TAX DEDUCTIBLE?

With a Relevant Life policy, the premium is paid out of your company’s pre-tax profits and is subject to Corporation Tax relief.

With a Relevant Life policy, the premium is paid out of your company’s pre-tax profits and is subject to Corporation Tax relief.

IS A RELEVANT LIFE POLICY A BENEFIT IN KIND?

IS A RELEVANT LIFE POLICY A BENEFIT IN KIND?

The premiums, which are paid for by your business, are not deemed to be ‘benefits in kind’, and therefore do not need to be reported on your annual P11D form.

The premiums, which are paid for by your business, are not deemed to be ‘benefits in kind’, and therefore do not need to be reported on your annual P11D form.

HOW MUCH COVER CAN I TAKE OUT?

HOW MUCH COVER CAN I TAKE OUT?

A typical Relevant Life policy will cover up to 20 times your annual income, although this varies between insurers.

A typical Relevant Life policy will cover up to 20 times your annual income, although this varies between insurers.

We work with the UK's leading insurance providers, helping you to protect yourself, your loved ones, and your business.

We work with the UK's leading insurance providers, helping you to protect yourself, your loved ones, and your business.

Frequently Asked Questions

Frequently Asked Questions

If you have a specific question, click the button below, and we will do our best to answer this for you.

If you have a specific question, click the button below, and we will do our best to answer this for you.

Why use us?

Why use us?

We don’t sell. We listen objectively and identify financial risks which allow us to put in place the best insurance policy available.

We don’t sell. We listen objectively and identify financial risks which allow us to put in place the best insurance policy available.

We have over 25 years' experience in the mortgage industry, offering a wealth of knowledge and the highest standards of professionalism. 

We have over 25 years' experience in the mortgage industry, offering a wealth of knowledge and the highest standards of professionalism. 

We have access to technical insurance portals to analyse the best providers and policies across the whole of the market.

We have access to technical insurance portals to analyse the best providers and policies across the whole of the market.

We provide expert professional advice to homeowners and first time buyers on mortgages, remortgages and buy to lets.

We provide expert professional advice to homeowners and first time buyers on mortgages, remortgages and buy to lets.

Where necessary, we have direct access to senior underwriters in some of the biggest insurance providers in the UK.

Where necessary, we have direct access to senior underwriters in some of the biggest insurance providers in the UK.

We are qualified to advise you on your equity release requirements.

We are qualified to advise you on your equity release requirements.

Related to Relevant Life

Related to Relevant Life

Mark Culham 

Adviser & Co-Founder

Mark Culham 

Adviser & Co-Founder

Steve Jascourt

Adviser & Co-Founder

Steve Jascourt

Adviser & Co-Founder

"I get satisfaction about having ‘real’ conversations with people about why having the right cover in place is so important. I also take a lot of comfort from knowing that our clients are covered should the worst happen."

"I get satisfaction about having ‘real’ conversations with people about why having the right cover in place is so important. I also take a lot of comfort from knowing that our clients are covered should the worst happen."

“Arranging mortgages for my clients impacts positively on their lives, and gives me immense job satisfaction. When a client returns for repeat business, or refers family and friends to me, I know that I have done a great job.”

“Arranging mortgages for my clients impacts positively on their lives, and gives me immense job satisfaction. When a client returns for repeat business, or refers family and friends to me, I know that I have done a great job.”

What our clients say

What our clients say

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