Relevant life
insurance?

Support your team and their families with confidence. Morrow helps businesses find Relevant Life cover that provides valuable protection in a tax efficient way.

What is Relevant Life Insurance?

Relevant Life Insurance is a tax-efficient life cover that a business can arrange for a director or employee. It pays out a lump sum to their beneficiaries if they pass away while employed by the company.

As a broker, Morrow helps businesses and directors find policies that fit both personal and business needs. We’ll guide you through the setup, explain the tax benefits, and match you with the right insurer for simple, effective protection.

Want to talk it through?

Either call our friendly team on 0800 888 6500 for free, no-obligation advice or fill out your contact details above and we will call you back

What can you use Relevant Life Insurance for?

Relevant Life Insurance is designed to protect your loved ones financially while offering your business tax-efficient benefits. The payout can be used in a range of ways to ease financial stress and provide long-term stability.

Family Support

Provide your loved ones with a lump sum to help cover living costs, education, or other future expenses if you’re no longer there to support them.

Business Continuity

Give peace of mind to your business partners, knowing financial obligations can be met if something unexpected happens to you or a key employee.

Tax Efficiency

Premiums are usually treated as an allowable business expense, making Relevant Life Insurance a tax-efficient alternative to personal life cover.

Employee Benefits

Offer Relevant Life cover as part of a benefits package to attract and retain key staff while showing genuine care for their wellbeing.

What should I consider when choosing
Relevant Life Insurance?

Relevant Life Insurance is a specialist product, so it’s worth thinking about how it fits within your business and financial plans.

Who is the cover for?

It’s suitable for directors, employees, and high earners looking for life cover through their company.

How much cover do I need?

Think about your annual income, business responsibilities, and what you’d like the payout to cover for your family.

How long should the policy last?

You can choose a term that matches your employment, retirement plans, or company structure.

What are the tax benefits?

In most cases, premiums are tax-deductible for the business, and payouts are usually free from income tax, National Insurance, and inheritance tax (if written into trust).

Is my policy written into trust?

Setting up the policy correctly ensures the benefit is paid quickly and directly to your chosen beneficiaries.

Guides and insights

Guide