IMPORTANT INFORMATION

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Can I get tax relief on income protection?

With Personal Income Protection you can get tax relief at your marginal rate on the premiums you pay. With Executive Income Protection the premiums are paid for by the employer and qualify as business expenses that can be offset against corporation tax.

With Personal Income Protection you can get tax relief at your marginal rate on the premiums you pay. If you need to claim, we will pay your income protection benefit directly to you, after tax, USC and any other relevant deductions.

With Executive Income Protection the premiums are paid for by the employer and qualify as business expenses that can be offset against corporation tax. If you need to claim, we will pay the income benefit to your employer, who passes it onto you as the employee through salary, making any relevant deductions such as tax and USC.

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