Relevant Life Insurance
“Take care of your employees and they will take care of your business. It’s as simple as that” – Richard Branson.
Relevant life insurance is a tailored policy offered by employers which address individual staff protection requirements. It is a highly regarded employee benefit that can manifest in positively engaged staff whilst helping you reduce your corporate tax exposure.
For companies hiring in competitive industries, securing and retaining staff can be the difference between business success or failure. Enhancing employee benefits could help you attract and retain top-performing staff.
How Do Employee Benefits Help?
Recruitment is a perennial challenge for many companies, especially those hiring in markets experiencing fierce competition for talent such as the GIG economy.
GIG economy companies require staff with unique sector/product knowledge and or exceptional C-suite level management ability.
Such companies can experience rapid expansion, but failure to attract and retain talent can negatively impact future growth and financial valuation.
As exceptional talent is often scarce in resources, successful companies enhance their attractiveness by offering career development opportunities, pleasant corporate culture and attractive compensation & benefits.
Attractive benefits include flexible working, private medical and life insurance plan.
HM Revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes which cannot be foreseen.
No Obligation Consultation
Relevant Life & Diversity
Offering employee life insurance to enhance employee benefits is a well-established Human Resource practice.
Historically, employers offered “one size fits all” group life insurance schemes. Group life schemes satisfy requirements if employees conform to a similar mould, but modern progressive companies promote diversity.
Today, companies employ staff from varied backgrounds with diverse life insurance requirements. Companies who win the “war for talent” reward staff with benefits tailored to individual requirements. Relevant life insurance can present your business as a responsible, more caring company to work for, in turn more attractive to potential employees.
No Obligation ConsultationBenefits of Relevant Life Cover
Relevant life cover is a highly valued benefit tailored to address individual employee life insurance requirements.
Staff no longer need to arrange personal life insurance paid for via their taxed income. Cover is arranged by the employer who pays premiums and offsets costs as an expense helping reduce corporate tax.
Enhanced benefits such as Relevant Life Insurance leave employees feeling valued, manifesting in a happier workforce that rewards employers with increased productivity, loyalty and retention. Relevant Life Insurance also sends a message to potential new hires that your company values its staff.
When competition for talent is fierce, Relevant Life Insurance is a cost-effective manner of enhancing benefits and promoting your company in a competitive hiring environment.
No Obligation Consultation
Have You Considered Adding Executive Income Protection?
If you, one of your directors or Key Staff are unable to work following sickness or injury, Executive Income Protection policies provide an additional monthly income.
This means you, your Directors and Key Staff do not have to rely solely upon their savings and state benefits during an extended period of medical incapacitation.
The net result is happier employees who feel valued and are more likely to reciprocate their gratitude via enhanced loyalty.
Your No Obligation Consultation
Should you wish to learn how Relevant Life Insurance can benefit your company, please:
- Complete the short form below
- Email us at protect@fatgreen.co.uk
- Call on 0333 050 0088
We look forward to hearing from you.
No Obligation Consultation
