Partner/Director Share Protection

What is Partner/Director Share Protection?
The loss of a partner or director may threaten the business and can quickly lead to financial difficulties. Partner/Director Share Protection means if the worst does happen, the remaining directors or partners can stay in control of the business.
 
How does it work?
In the event of a partner or director dying, falling terminally or critically* ill, Partner/Director Share Protection can provide a sum of money to the remaining partner(s) or director(s), which may be enough to purchase the deceased or critically* ill partner’s/director’s interest in the business.

* If critical illness cover is chosen as an additional option.