Corporate Co-Director Insurance

Similar to Co-Director insurance, however this Life Cover is taken out by the Company on the Life of the Directors. A contract is entered into between the company and each shareholding Director which gives the company the option to acquire the shareholdings from the next of kin.

Corporate Co-Director Insurance provides a lump sum payment to the Company and gives the company the security that there’ll be funds available to buy back shares if one of the directors passes away.

Compass Private Wealth have agencies with all the main Insurance Companies who provide Corporate Co-Director Insurance Cover and can arrange the most suitable Sum Assured and Provider for our clients.