Yes, critical illness cover can be beneficial, especially if you rely on your income to support your family. It provides a lump sum payment if you’re diagnosed with a severe illness like cancer, stroke, or heart disease, helping with medical costs, mortgage payments, or everyday expenses.
This depends on your salary, expenses, and financial obligations. Generally, income protection covers 50-70% of your pre-tax income. Consider a policy that covers essential costs such as rent/mortgage, bills, and daily expenses for a duration that aligns with your financial needs.
Yes, businesses can pay for life insurance policies, particularly for employees and key personnel. Relevant Life Insurance is a tax-efficient way for businesses to provide life cover for employees, while Key Person Insurance protects the business financially in case of the loss of a vital team member.
Yes, Relevant Life Insurance is tax-efficient for both employers and employees. The premiums are usually tax-deductible as a business expense and are not considered a benefit-in-kind, meaning there’s no additional tax liability for the employee.
Secure your future alongside your pension.
Protect yourself & your loved ones.
Maximize your retirement income.
Secure your family’s future wealth.