Insurance: income, life and critical illness

[normalbloke]

Relevant Life Policy Insurance for Company Directors

Yep, all of it.

See this - it's possible these days for the Company to fund your life insurance with no BIK. Mainstream and in no way 'dodgy' or illegal.

Relevant Life Policy

There are 4 big Insurance cos now offering this. I arranged mine last year when I re-visited all my insurances etc.

Also worth bearing in mind that for under 60's, the chance of you having a stroke or heart attack (and surviving) is far greater than you dying (from any cause). So Critical Illness cover may be back on your agenda.

[kempc23]

Is relevant life just life insurance, or is it life and critical illness cover too?

[normalbloke]

Is relevant life just life insurance, or is it life and critical illness cover too?

As far as I am aware, it's for Death in Service only. May be worth ringing and checking if you are interested though.

[JoJoGabor]

I have life insurance only so the mortgage gets paid off if I die. The rest just works out to expensive IMHO. So my personal and business warchests should cover us for 2 or 3 years, before the missus has to get her ass back to her career as a teacher. I'm hoping over time the money saved in insurance will help increase the warchest sufficiently