Must Have Insurances For The Self Employed

Shareholder Protection
Income Protection
Critical Illness
Key Person
Directors Loan Debenture
Asset Ring Fencing

Shareholder Protection

For those in business with a partner shareholder protection is a must. This is relatively low cost life cover and critical illness cover which will pay typically into trust should either partner need to claim. The trust money is then used to purchase the shares of the ill or deceased partner. 

This simple and relatively low cost solution provides the funds for the remaining business partner to purchase the business from the estate of the other partner.