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ASEW · Business Life Cover Policies
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Business Life Cover Policies
Tax treatment, trust requirement, and who benefits most from relevant life assurance.
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Key points
provides; high earners who have used up their pension lifetime allowance Must genuinely be for the employee’s benefit; employer cannot benefit
Question 3
Which term matches: "premiums are an allowable business expense; benefits paid tax-free; not a P11D benefit"
Question 4
What does "Must be written in trust" mean?
Question 5
Match each term in "Key points" to its meaning
Tap a term, then tap its matching definition.
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What the exam tests
Tax treatment, trust requirement, and who benefits most from relevant life assurance.
Question 7
True or false?
Tax treatment, trust requirement, and who benefits most from relevant life assurance