One of the biggest concerns of going into partnership is that your business partner falls ill or passes away – leaving you in a difficult situation. Your partner’s share of the business could pass to someone else, which may make your working life difficult and even cost you the profitability of the business you have built. However, partnership insurance can help you in a number of challenging partnership scenarios. Our team of experts here at Prosperity Financial can assist you in making the right decisions about insurance for your business, regardless of how long you have been in business or what sector you operate in. Contact our team today by calling 0141 337 1346 or complete our online enquiry form and a member of our team will get right back to you.
Expert Partnership Insurance Advice
Having a partnership protection policy in place means that should your partner suffer from long-term illness, or in the event of their death, you could receive a lump sum payment to fund the purchase of your partner’s share of the business. You could also use the lump sum to pay off any existing loans of the business, compensate a deceased’s partners beneficiaries, and pay any exit compensation of a partner with a long-term illness.
Contact our Partnership Insurance Advisers Glasgow
If you need advice or assistance concerning partnership insurance, or for any other business protection or Financial matter, contact our expert team today. We aim to ensure that you are completely satisfied with our service, and will always offer additional advice and assistance where required. Call us now on 0141 337 1346 or complete our online enquiry form and a member of our team will get right back to you. We look forward to helping your business thrive.