Executive Term Life Cover
Executive Pension Term Insurance provides a lump sum amount for the family of executive employees in the event of their death while in employment.
An Executive Pension Term Insurance Plan is an occupational scheme set up and normally paid for by the employer. Therefore, the premiums usually qualify for corporation tax relief. If the employee dies before retirement, the lump sum amount can help their family survive without having the employee’s income to rely on. The cover lasts until the employee leaves employment or reaches retirement age.
Cover your staff from as little as €22.27 per month.
A monthly premium of €22.27 per month can provide Life Cover of €250,000, based on a non-smoker aged 35 at their next birthday, retiring at age 65. Tax relief may be available at the rate of corporation tax.
(Quote correct as at 15/06/2020)