Death in Service

We research and implement the most appropriate Death in Service schemes for employers.

  • Provides a lump sum benefit in the event of death whilst employed by the company
  • Level of benefit can be decided by the employer, with the usual amount being a multiple of annual salary (maximum is usually four times salary)
  • Often the lump sum is the main liquid asset when someone dies
  • It is paid free of tax
  • Employee normally nominates the beneficiary (and if not, the trustees decide)

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The Financial Services Authority does not regulate taxation, tax planning or trust advice. Levels and bases of, and reliefs from, tax are subject to change.

JB Wealth Management Ltd is authorised and regulated by the Financial Services Authority (http://www.fsa.gov.uk/register/home.do). FSA Registration No: 118513

JB Wealth Management Ltd
Registered Address:
8-10 South Street, Epsom, KT18 7PF
Registered in England and Wales, No. 01347949