A Relevant Life Plan offers special advantages for directors and employees. Classed as a Business Expense, it is tax deductible and, therefore, a tax efficient policy. Your company can claim Corporation Tax relief, saving up to 20% and the benefit does not count towards your Pension Allowances. Relevant Life cover is written into trust, which means you can nominate who will receive your benefit after you pass away. Many companies offer Relevant Life Plans as part of their employee benefits package.
We assess businesses to determine tax liabilities and create effective actions plans.
We offer additional covers like protection for stock, business interruption and equipment, to help keep your trade going if you hit a crisis.
Unlike other providers, we keep in touch with our clients. We provide regular reviews and adapting insurance policies along the way to ensure your protection is always correct and reflective of your changing needs.
We stay with you on your business journey – and, should you ever need to claim, we will be on hand offering full support and guidance.
At Midland Business Insurance, we’re always in your corner. We are as passionate about your business as you are.
“I would strongly recommend Midland Business Insurance Services for your insurance requirements, they explain the different types of policies available followed by sound advice on which ones would be suitable to your individual requirements. It is gratifying and reassuring to know that the policy chosen will meet the needs of any rapidly growing business and we are looking forward to working with MBIS to help offer an exceptional insurance service to our clients.”
SIMI JOHAL | BROOKS & CO.
MBINS is an appointed representative of Efficient Portfolio Wealth Management Ltd. Which is authorised and regulated by The Financial Conduct Authority (522512). Registered in England No. 7194008. Registered office: Portfolian House, 30 Melton Road, Oakham, Rutland, LE15 6AY.
