Shared Ownership Critical Illness Insurance
Shared ownership CI is a strategy that protects both the company and its owners. It’s designed to provide security in the event of a serious illness, while also creating potential value if no claim is ever made.
Corporate efficiency: The company funds the insurance cost, helping protect business operations if a key person becomes ill
Personal benefit: The shareholder funds the savings portion, with the potential to recover premiums personally if no claim occurs
Risk management: Provides a lump-sum benefit to safeguard the business during recovery
Succession planning: Ensures continuity and protects shareholder value in the face of unforeseen health events
Flexibility: Balances protection for the corporation with long-term personal advantages for the owner
Shared ownership CI offers a way to manage risk while creating options for both the business and its shareholders.
Explore whether shared ownership CI fits your corporate strategy.