Partnership Protection

Most business owners will expect to leave their business assets or shares to their spouse or partner in their will in the event of premature demise.

There are several different types of insurance policies that can be used for this sort of cover including term insurances and whole of life assurances.

By taking out this type of plan you can ensure that if a partner dies the remaining partners will receive a lump sum from the insurance company to enable them to purchase his or her share of the business.

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Life Protection, Partnership Protection, Partnership Protection Insurance, Partnership Protection Insurance Definition, Partnership Protection Agreement