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Partnership protection insurance can help you protect your company in the event that a business partner dies or is diagnosed with a critical illness. A life or critical illness policy will provide funds to buy the interest in the partnership from the affected partner or their estate.
If a business partner dies or wants to leave when they are diagnosed with a critical or terminal illness, the remaining partners may want to buy their interest in order to retain control in the business. Only a few may have the financial resources to do so, however.
Partnership protection insurance provides the surviving partners with the financial support they need to help keep the business afloat, address any risks and remain in control during difficult times.
We compare partnership protection insurance deals across the market to find you the best quotes. We're impartial, so you gain a trusted view of plans available on the market and save money on cover that's best suited to your requirements and the needs of your business.
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