29/06/2026
🚨💷 If you're a Limited Company Director, this could be one of the most expensive financial mistakes you're making.
Every month, thousands of directors pay for their life insurance from their personal bank account without realising there may be a far more tax efficient way to do it.
The problem?
That money has often already been taxed before it reaches you.
What many directors don't realise is that there may be a far more tax efficient way to arrange exactly the same protection.
It's called a Relevant Life Policy.
Instead of paying personally, your limited company pays the premiums.
Depending on your circumstances, this can mean:
✅ The premiums may qualify as an allowable business expense for Corporation Tax purposes.
✅ Usually no Benefit in Kind, meaning no Income Tax or National Insurance on the premiums.
✅ Financial protection for your loved ones if the worst were to happen.
✅ The benefit is normally paid through a discretionary trust, helping it reach your beneficiaries efficiently.
The surprising part?
We've reviewed policies for directors who had been paying personally for years, simply because nobody had ever told them there was another option.
So ask yourself one question...
Am I paying personally because it's the best option, or simply because nobody has ever reviewed my policy?
That one question could save you thousands of pounds over the lifetime of your cover.
If you're a Limited Company Director and would like us to review your existing policy, we'd be happy to tell you whether a Relevant Life Policy could be a better fit for your circumstances.
📞 020 3883 1700 or 07498 324 382
📧 [email protected]
Tax treatment depends on individual circumstances and may change. Relevant Life Policies are not suitable for everyone.
