Shareholders / Co-Directors Protection

With the increase in Property Prices, Capital Acquisitions Tax or Inheritance Tax has become relevant for an increasing number of people. The Revenue allow amounts to be transferred on death to family members and non-relatives free of tax up to certain limits. Above these limits an Inheritance Tax of 20% can be applied.

This Tax can be quite substantial. These days Property tends to be the larger asset that is being passed onto relatives on death. In some instances the Property may have to be disposed of in order to meet the tax bill.

We can help provide a lump sum that would reduce this potential tax bill through what is known as a Section 60 inheritance plan.

Key Person Cover

A business may have one or a number of individuals that are very important to its survival. If something were to happen one of these individuals either in the form of premature death or serious illness then this would have a financial impact on the business.

We can work with your Business to ensure that this possible weakness is addressed. The Key Person cover will provide a Lump Sum designed to compensate your Business if an important employee were to prematurely die or become critically ill.

Partnership Insurance

A partnership is a form of business ownership with two or more owners who agree to pool talent and money, and share the profits or losses of that partnership. The death of one of the partners can have serious financial consequences for those left behind in that business.

Partnership Insurance will protect the financial security of the partnership by making sure that funds are available to compensate the deceased partner's estate for his/her share of the partnership. You can also include Serious Illness Cover under Partnership Insurance.