Partnership Protection Insurance | Spectrum FA Business Protection

The Importance of Partnership Protection Insurance

Partnership Protection Insurance – Protecting your company against the risk of a business partners’ critical illness or death.

When a shareholder/partner dies, there is a good chance their family members inheriting their share, have no interest in or knowledge of the business. The share of the business could subsequently end up being sold to competitors.

Partnership Protection Insurance provides a lump sum enabling remaining partners/shareholders to purchase the deceased shareholder’s stake in the business.

If critical illness is included in the policy, the insured individual can, if diagnosed with a specified critical condition, sell his/her shares to partners immediately without the stress of partners having to find the required financial resources.

Contact us today for a fee-free, no obligation review to find out how easy it could be to protect your business and secure your future.

To find out more, continue reading our frequently asked questions (FAQs) towards the end of the page.

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Free Review

Contact Spectrum FA today for a free, no-obligation review with a specialist Partnership Protection Insurance advisor.

Competitive Premiums

With our access to the leading insurance providers, Spectrum FA can source competitive insurance premiums.

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Spectrum FA provide personalised advice tailored to your particular business requirements.

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We have access to the leading insurance providers in the market, which allows us to recommend the most suitable policies based on your individual circumstances.

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FAQs

View some of our frequently asked questions that some of our customers have asked.

What is Partnership Protection Insurance?

Frequently referred to as director share, ownership or shareholder protection, Partnership Protection Insurance is instrumental in making sure that, in the event of a business partner dying or developing a critical illness (if selected), remaining shareholders or partners can buy the insured individual’s share in the business. This, of course, enables them to retain control of the business and ensure it continues running smoothly.

How can Spectrum FA help with Partnership Protection Insurance?

Spectrum FA’s experienced advisors have helped many company partners protect their businesses against critical illness and death. Discover how easy protecting your business is and arrange a free, no-obligation review today.

  • Flexible Cover – Spectrum FA will ensure your Partnership Protection Insurance is tailored to suit your shareholders’ specific circumstances by providing advice on a variety of available policy options.
  • Peace of Mind – Ensuring your Partnership Protection Plan covers all of your company’s relevant partners, Spectrum FA give your company, it’s partners and their family peace of mind.
  • Competitive Premiums – Being independent, we have access to market-leading insurance providers enables us to advise your company on the correct cover at competitive premiums.

We provide expert regulated advice and will tailor the cover to match the circumstances of you and your business. We do not charge you a fee for our advice or service and you will speak directly to an expert who will guide you through the process and handle all the paperwork on your behalf.

To find out more about Partnership Protection Insurance from one of our experts, or to arrange your free no-obligation review, please use our online contact form or email: info@spectrumfa.co.uk or call us on 01279 315 013.

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