Key Person Insurance

Key person insurance is an important form of business insurance. There is no legal definition for “key person insurance”. In general, it can be described

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Partnership Protection

One of the great risks of a business partnership is that one of the partners may die or suffer a specified critical illness, with his or her share of the business passing to their beneficiaries. The safety net is a pre-arranged scheme to ensure the surviving partners have enough funds to buy out the departed partner’s interest in the business.

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Shareholder Protection

In the interests of financial security, business stability, and continuity – particularly for private limited companies where there may only be a small number of principal shareholders – it is important to provide a safety net following the loss of a shareholder

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