The loss of a business owner may destabilise the business and can quickly lead to financial difficulties. Partner/Director/LLP Share Protection means if the worst does happen, the remaining partners/directors/members could stay in control of the business.
In the event of a business owner dying or becoming terminally or critically* ill during policy term, Partner/Director/LLP Share Protection can provide a sum of money to the remaining business owners. This means that in the event of a valid claim the policy could pay out an amount sufficient to help purchase the deceased or critically* ill partners/directors/members interest in the business.
Use our business valuation calculator which can help highlight to your clients about the value of a business and assist you with establishing the required sums assured for shareholders or partners.
* If critical illness cover is chosen as an additional option for an extra cost.
This website is designed to give professional financial advisers information and tools that they can use to help control and develop their business and should not be relied upon by private investors or any other persons.