If you are a director looking for life insurance then, believe it or not, Directors Life Insurance is ideal for you!
It’s tax-efficient so it won’t put a dent in your bottom line, and ultimately the beneficiary will receive a lump sum of money upon the death of the insured director. The benefits may also include other expenses, such as, funeral expenses, depending on the provider.
Talk to our insurance specialists at The Mortgage Factory today!
Are you a company director and looking for life insurance? Then it’s vital you consider directors life insurance. Also known as relevant life insurance, it could provide the life insurance cover you need but at a much lower cost. And have other important benefits too.
So, to find out more about what life insurance for company directors is, how it works and how The Mortgage Factory can help you, talk to our insurance specialists today!
Relevant life insurance is a tax-efficient way to provide life insurance cover for you and your fellow directors. You can also opt to cover employees too.
With a standard life insurance policy, you usually pay your premiums out of your taxed income. But with life insurance for company directors, premiums are paid by your limited company and can be written off as a business expense. This can result in significant savings.
This type of insurance is designed to protect the people who make your life what it is, once you are no longer around. This may be your family, partner or other dependents like business partners.
In the case of your household, if you’re the main breadwinner, losing your income could have serious financial consequences for your family. This could include your family falling behind on mortgage payments or even having to sell the family home.
But by having a life insurance policy in place, it will offer your family a financial safety net. And ensure peace of mind too.
Relevant life policies have many other benefits to both employers and employees too. For example:
To find out more and to set up a relevant life policy for you or your employees, contact us today.
We are specialist advisers whom can help you find the right policy for your needs!
Life insurance for company directors is at the forefront of the products we are proud to assemble at The Mortgage Factory. We offer consultation sessions for small business owners and directors looking for this protection.
Get in touch with the experts at The Mortgage Factory to learn more about the stronger, safer future we can forge for you!