A SAFETY NET FOR BUSINESSES
Shareholder and protection cover is designed to provide a safety net for businesses if the business owner passes away. It is also designs to cover the diagnosis of a critical illness, meaning the remaining owners can keep control of the company.
It is a wise decision to have this in place, particularly if your business owner is key to the success of your company. To discuss how this can help your business and arrange a quotation for cover, get in touch with the team at Hunter & Cole Associates in Waterlooville.
HUNTER & COLE ASSOCIATES CAN ARRANGE:
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Share protection - this is for Limited companies, with each shareholder taking out life insurance for the benefit of the other shareholders
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Partnership protection - this is for business partnerships and limited liability partnerships. The insurance is taken out for the benefit of the fellow partners
KEY BENEFITS OF SHAREHOLDER AND PARTNERSHIP COVER
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Protects your business if the owner, shareholders or partners pass away
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Protects your business from critical illnesses
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Pays a lump sum on the diagnosis of a critical illness
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Flexible type of cover to suit your circumstances
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Term can be between 5 to 50-years
