03/09/2025
Most company directors have no idea they're burning money on life insurance - and their accountants aren't telling them.
Here's the truth: If you're paying from your personal income, you're getting hammered by tax twice. Once when you pay (up to 45% income tax). Again when your family claims (40% inheritance tax if not in trust).
That £200/month premium? It's actually costing you £330+ in real money.
Meanwhile, there's a completely legal structure called Relevant Life Cover that most directors have never heard of:
✅ Your company pays it (not you)
✅ Full Corporation Tax relief (saves 19-25%)
✅ Zero personal tax impact
✅ Zero National Insurance
✅ Automatically protected from inheritance tax
✅ Your family gets 100% of the payout, tax-free
The numbers are shocking: Directors typically save 49% compared to personal policies. Same cover. Half the cost.
Why don't more people know? Simple. You can't buy it online. Most insurers don't advertise it.
And frankly, many accountants don't even know it exists.
