Protects shareholder control
Share Protection could help your client buy a share of the business if a business partner were to die or become terminally ill (when life expectancy is less than 12 months). Critical Illness Cover or Critical Illness Extra can be added when taking out the policy.
This agreement between owners ensures that shareholders maintain the rights and the money to buy the remaining share and retain control of the business.
Share Protection should be placed in trust from the outset.
Tailored cover for owners
The amount of cover of each policy can be calculated according to each owner’s share in the business.
The policy can mirror the legal structure of the business, to avoid conflicts with existing agreements.
Fast underwriting decisions
80% of underwriting decisions receive an instant decision.
We’ll beat competitors
In some instances, you may be able to use Price Beater to get the best price for your client. Please see our Price Beater guide for more details.
Includes Accidental Death Benefit
Your client is covered while we process their application.
Changing Your Policy Option
Allows your client to increase cover on specified events, without further medical questions. Eligibility criteria and restrictions apply.
Access included as standard. Personalised practical and emotional telephone support from a registered nurse. Provided by RedArc Assured Limited.
For full details, download the Product Profiles PDF size: 905KB document
Life insurance with Critical Illness Cover or Critical Illness Extra:
For Whole of Life Protection Plan:
|Type of cover||
|Death in the first year||
Benefits and options
|Accidental Death Benefit|
|Changing your policy (previously known as Guaranteed Insurability Option)||
|Critical Illness Cover (not available for Whole of Life Protection Plan)||
|Immediate Cover (not available for Whole of Life Protection Plan)
|Terminal Illness Cover (not available for Whole of Life Protection Plan)||
|Waiver of Premium||
Pre-sale support, including underwriting limits, BMI, and how to get an indication of our terms.
Our guide to trusts, their benefits, and how to set one up for your client.
Explore our library of brochures, forms, guides, and product sales aids for advisers.