Item: Life Insurance Advice
Rating: 4.8
Author: Andrew Benham

The Benefits of a Relevant Life Policy

A Critical Look At The Benefits Of Relevant Life Policy 117 M

A relevant life policy is an effective way companies use to save tax and cost while providing life assurance for their major employees.

STEADY RISE OF THE PAYMENT OF PROTECTION CLAIMS

Since the introduction of the ABI's Code of Practice on non-disclosure in 2008, there has been a steady rise in the percentage of claims paid.

GROWING POPULARITY OF HEALTH INSURANCE AMONGST UK WORKERS

Studies reveal that as incomes increase societies generally spend more of their wealth on health insurance.

DO YOU NEED PROTECTION INSURANCE?

Agreed, negativity is bad for your health. No one likes to think that someday they could be so ill or disabled that they will be unable to work. This not only affects the person personally, but it also has a deep impact financially.

CHANGING BUSINESS INSURANCE NEEDS CAN BE EASY

A growing business change and demands new insurance needs, which provide cover according to your business needs. Apart from the regular cover for Employees liability and Public Liability, the insurance sector has various other types of cover that are designed to protect the business. If your cover doesn't adapt to the changing business needs, you could find yourself without protection in the most crucial times.

How relevant is relevant life? Specialists 4 Protection

Death in service benefits can pose tax and pension problems for high earners, while smaller firms have trouble getting underwriting. If pensions are not your forte, there cannot be any advisers unaware of the fundamental ‘simplification’ changes brought about from A-Day in April 2006.

Zurich pays £65.4m in Critical Illness claims

Any person is bound to have a peace of mind by just knowing that his life and that of his family is being taken care of in case of or after death or when critical illness comes knocking. This is achieved by taking an appropriate insurance cover.

UK cancer death rates fall by 10%

Cancer death rates have dropped by nearly 10% over a period of 10 years according to the latest analysis released by Cancer Research UK during the World Cancer Day.

What is level term life insurance?

Whole of life insurance is a case where the insurer pays you a lump sum of money to your family when you die.

INCOME PROTECTION: 'IT'S THE DIFFERENCE BETWEEN MAKE OR BREAK IF YOU FIND YOU CAN'T WORK'

What do you think the chances are of you being unable to work because of a disability? Slim? That's a common view. In fact, research provided exclusively for The Independent by the insurer Zurich shows that half of us believe we have a less than a one in ten chance of being in that position.

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Quotes shown are for a 40 year old male who doesn’t smoke. Policy is £100,000 life insurance cover for ten years with a fixed premium. Example is for illustrative purposes only and was correct on 21/11/2016.

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FREE impartial advice from the experts

Life Insurance

The most common form of protection, ordinary term life cover pays a lump sum to your family if you die within a certain time-frame. Most policies will also pay-out if you’re diagnosed with a terminal illness and have less than twelve months to live
Critical Illness Cover

Critical Illness Cover provides a cash lump sum if you suffer from a range of serious conditions within a set time-frame. The money is normally used to pay the bills and provide financial security while you’re on the road back to health
Income Protection

If something serious happens to stop you working - for months, years, or even for life – you’ll want to know you have financial security and that the bills are paid. Income Protection gives you just that, paying a percentage of your income all the time you’re unable to work.
Private Health Insurance

The NHS is groaning under the weight of the UK obesity crisis and newer, more effective medical treatments for a range of illnesses often aren’t available. Private medical cover makes ‘going private’ much more affordable – giving you access to more treatments, shorter waiting lists, and first-class care.
Relevant Life Cover

Most company directors are savvy enough to have life insurance, but very few realise they can save up to 53% by taking advantage of a Relevant Life plan.
Group Life & Health

Group Life and / or Health Cover is the most cost-effective way to provide peace of mind and financial security for the families of your employees.
Key Man Cover

Key Person Insurance - often called Key Man Cover - is an insurance policy bought and owned by a business to protect its own interests. Cover is provided in the event that an important staff member is suddenly unable to work through critical illness and/or death.
Shareholder Protection

Shareholder Protection Insurance is designed to give you peace of mind in the event that a shareholder in a Limited Liability Company, a member of a Limited Liability Partnership (LLP), or a partner in a partnership dies or is diagnosed as critically ill.

What is RELEVANT LIFE?

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HOW Specialists 4 Protection help advisors in our field.

Income protection is one of the most useful insurance products you can purchase but take-up is low in the UK.

Advisers shunning life and critical illness cover sales - research

Almost three-quarters (72%) of advisers believe there is a growing threat people will not have enough life insurance and critical illness cover as fewer intermediaries are selling it, research suggest

Lack of life insurance raises alarm bells

Many of us realise that we should have life insurance, yet far too few actually take the plunge and invest in a policy. This could be a big mistake, as failing to have sufficient protection could put

A Pet Proof Home in a Weekend

Our pets face some of the same hazards a children do. If there's something small lurking around under the rug or your sofa cushion, there's no doubt they will find it....and put it in their mouth. So,