Shareholder Protection

Partnership Insurance - Business insurance for Partnerships

 
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    Partnership Protection

    Probably the biggest most single worry of any business partnership is the risk that one of your partners may die or suffer a critical illness and their share of your business being handed over to someone else who may have very little interest in the business or could even run the risk of being reckless with their share of the company.
     

    Also, should a partner suffer and survive from a critical illness but can no longer work then they may want compensating for exiting the partnership.

    A partnership Protection Insurance policy will provide the company with a pre arranged scheme which will provide any surviving partners the necessary funds to buy out the deceased’s share in the company or to compensate them or their dependents.

    Partnership Insurance can also be used to cover against the retirement of any partners

    Here are the benefits and why it is essential to have Partnership Insurance:
     

    Provides arrangements to ensure that your partnership will not be automatically dissolved upon the death of a partner.

    Enables your business a certain level of continuity and to trade as normal during any transitional periods.

    Protects your company against any careless, reckless or disinterested inheritors.

    Protects your business from any competitors buying into your company or any other hostile parties.

    Avoids you having to dip into any funds which may have been allocated for other purposes to enable you to compensate the deceased’s dependents.

    Request a call back from one of our friendly, experienced advisors

    If you wish to speak to one of our protection advisors regarding Partnership Insurance then we promise to aim to call you back within 24 hours (or the next working day).

    Click here to request a call back

    Please note that we will independently compare products from the ‘Whole of the Market’ and not from just a select few providers.

    This way we can ensure that we will try our very hardest to help find you the most suitable Partnership Protection Insurance policy for your company.

     
     

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