Protect their future, protect your peace of mind with relevant life insurance.
Looking after your people is one of the best investments you can make. Business Relevant Life Insurance allows you to provide valuable life cover to your employees, directors, and high-earning staff — in a tax-efficient way.
At Sage Financial, we help you put protection in place that benefits both your team and your business. With Relevant Life cover, your company pays the premiums, but the benefit goes directly to the employee’s loved ones if they die or are diagnosed with a terminal illness.
It’s a simple, cost-effective way to show you care — while taking advantage of significant tax efficiencies.
What is Relevant Life Insurance?
A Relevant Life Policy is a life insurance plan taken out and paid for by an employer to provide death-in-service benefits for an employee.
If the insured person dies (or is diagnosed with a terminal illness) during the term, the policy pays a lump sum to their chosen beneficiaries — usually through a discretionary trust.
The key benefits include:
Tax efficiency: Premiums are usually treated as a business expense and are not subject to National Insurance for either the employer or employee.
Personal cover for directors and high earners: Ideal for business owners who do not qualify for group life schemes.
No P11D implications: The policy is not treated as a benefit in kind.
Flexible protection: Each policy is tailored to the individual’s salary, bonuses, or dividends.
It’s one of the most efficient ways to provide life cover within a business structure.
Who is Relevant Life Insurance for?
Company directors who want life cover paid for by their business
SMEs that don’t have enough employees for a group life scheme
High-earning professionals who want tax-efficient protection
Businesses that value their team and want to offer meaningful employee benefits
Whether you run a small business or a growing company, Relevant Life cover helps you support and retain your most important people.
How it works
Your business takes out a life insurance policy on behalf of an employee or director.
The business pays the premiums — usually as a tax-deductible expense.
The policy pays a lump sum to the employee’s family or chosen beneficiaries if they pass away or are diagnosed with a terminal illness.
This ensures peace of mind for employees and their families, while demonstrating your commitment as an employer.
Trusted by the UK’s Leading Providers
We work with a wide range of top-tier insurers across life, income protection, and private medical insurance — so you get advice that’s independent, tailored, and truly in your best interest.
Some of the providers we work with include: Vitality, Zurich, Royal London, Cirencester Friendly, Holloway Friendly, Guardian 1821, British Friendly, LV=, AXA Health, Bupa, and more.
Let’s protect your business
Whether you are just starting out or running an established company, we will help you build a protection plan that supports your people and strengthens your future.
Speak to our team
Call 01202 788335
Email hello@sage-financial.co.uk
Why choose Sage Financial?
We do more than find policies. We learn about your business, identify the people who drive it, and tailor cover to match your risk and your goals. Our advisors explain everything clearly and support you through the full journey — from setup to claim.
We only work with trusted insurers and always prioritise policies with strong claims reputations. Because when the time comes, you need to know it will pay out quickly and without hassle.