SPECIALIST ADVICE
Directors’ life insurance
Directors may need personal family protection, business-owned cover or an employer-funded relevant life policy. The purpose and ownership must be clear before choosing a product.
Life cover structured for company directors
Directors may need personal family protection, business-owned cover or an employer-funded relevant life policy. The purpose and ownership must be clear before choosing a product.
Relevant life cover
Explore qualifying employer-funded life cover for an employee or director.
Shareholder protection
Plan funding that may help remaining owners purchase shares after death or critical illness.
Loan protection
Protect eligible company borrowing where a director’s loss would affect repayment.
Personal needs
Keep family and mortgage protection distinct from business liabilities where appropriate.
Directors’ life insurance FAQs
What is a relevant life policy?
It is a form of employer-funded death-in-service cover for an employee, including some directors, subject to qualifying rules.
Can the company pay the premium?
For business-owned and qualifying relevant-life arrangements, the company may pay premiums. Tax advice is essential.
Is this the same as shareholder protection?
No. Shareholder protection usually combines insurance with legal agreements designed around ownership succession.
YOUR SMART MORTGAGES CONTACT
Discuss your plans with the right adviser.
Aaron can arrange an initial business-protection review.