This calculator shows the potential savings your client could make when arranging life cover for their employee through LV= Relevant Life Cover compared to an ordinary life cover plan.

These figures are for illustrative purposes only. Tax calculations are based on the 2024/25 tax rules and may change in the future. The information assumes that the same rate of Income Tax/National Insurance applies to the whole of the premium. It may be affected by individual circumstances and may change in the future.

This calculator only considers tax rates for England, Northern Ireland and Wales and does not cover tax rates for Scotland.