Are there any life insurance policies available for companies?
Unknown to many companies and corporates, there is a life insurance policy called Corporate Company Directors Insurance which is available to company directors and stakeholders.
This policy, in the event of the premature death of a company director, pays a pre-agreed sum to the company. This pay out can then be used by the company to buy back shares at a pre-agreed price from the deceased company director’s estate. The Corporate Company Directors Insurance offers many great benefits to companies and corporates.