For You | For Family | For Business

For You | For Family | For Business

Client Portal

Client Portal

Common Partnership Protection questions.

Common Partnership Protection questions.

 Please contact us with your Partnership Protection query

 Please contact us with your Partnership Protection query

Simply enter your details below for us to help you.

By submitting  information through this website, you have given your agreement to receive verbal contact from us to discuss your protection requirements. You voluntarily choose to provide personal details to us via this website. 

Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 2018.  You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.

Simply enter your details below for us to help you.

By submitting  information through this website, you have given your agreement to receive verbal contact from us to discuss your protection requirements. You voluntarily choose to provide personal details to us via this website. 

Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 2018.  You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.

By submitting this data, I am consenting to the use of my data in line with our  Privacy Policy

By submitting this data, I am consenting to the use of my data in line with our  Privacy Policy

What is a cross option agreement?

What is a cross option agreement?

This is an agreement entered into by all shareholders to grant each other Put and Call options over the shares. This helps the sale of a shareholder’s share, if they become seriously ill or upon their death.

This is an agreement entered into by all shareholders to grant each other Put and Call options over the shares. This helps the sale of a shareholder’s share, if they become seriously ill or upon their death.

What is Business Protection?

What is Business Protection?

Business Protection gives financial security to a company, should a key person die or suffer a critical illness. The policy pays out a lump sum to the business.

Business Protection gives financial security to a company, should a key person die or suffer a critical illness. The policy pays out a lump sum to the business.

How does Key Person Insurance work?

How does Key Person Insurance work?

Key Person Insurance is a policy taken out by a business on a key employee. In the event of the key person dying or suffering a critical illness, the company can claim a lump sum from the policy.

Key Person Insurance is a policy taken out by a business on a key employee. In the event of the key person dying or suffering a critical illness, the company can claim a lump sum from the policy.

What is a double option agreement?

What is a double option agreement?

This is also known as a cross option agreement. This agreement will help the sale of a Shareholder’s part of the business if they die or suffer a critical illness.

This is also known as a cross option agreement. This agreement will help the sale of a Shareholder’s part of the business if they die or suffer a critical illness.

What is Shareholder Protection?

What is Shareholder Protection?

Shareholder Protection gives financial security to a company, should a Shareholder die or suffer a critical illness.

Shareholder Protection gives financial security to a company, should a Shareholder die or suffer a critical illness.

Shares being sold to a third party

Shares being sold to a third party

Needing to raise funds quickly

Needing to raise funds quickly

Loss of control in business

Loss of control in business

Widowed Spouse Involvement

Widowed Spouse Involvement

The Partnership Protection Process

The Partnership Protection Process

Working with HB Partners

Working with HB Partners

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An informal introductory conversation

An informal introductory conversation

Your protection experts will to understand your Protection requirements. We will then take you through the options available.

Your protection experts will to understand your Protection requirements. We will then take you through the options available.

We will research the market for the ideal Protection product for your circumstances.

We will research the market for the ideal Protection product for your circumstances.

Our Expert Recommendation

Our Expert Recommendation

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The right Partnership Protection for you

The right Partnership Protection for you

Our experts will calculate the amount of cover required, then compare the providers offering the relevant Protection products for your needs. We will then discuss the options with you.

Our experts will calculate the amount of cover required, then compare the providers offering the relevant Protection products for your needs. We will then discuss the options with you.

With your agreement, we will then proceed with an application. We will manage all paperwork and update you at every stage of the process, until completion.

With your agreement, we will then proceed with an application. We will manage all paperwork and update you at every stage of the process, until completion.

Full Application

Full Application

If a business partner dies without any Protection provision in place, then their share of the business will likely pass to their estate. This could prove problematic for the business, leaving it open to 

If a business partner dies without any Protection provision in place, then their share of the business will likely pass to their estate. This could prove problematic for the business, leaving it open to 

What is 3 + 5 =

What is 3 + 5 =

Meet the Team

Meet the Team

Mark Culham 

Adviser & Co-Founder

Mark Culham 

Adviser & Co-Founder

Steve Jascourt

Adviser & Co-Founder

Steve Jascourt

Adviser & Co-Founder

"I get satisfaction about having ‘real’ conversations with people about why having the right cover in place is so important. I also take a lot of comfort from knowing that our clients are covered should the worst happen."

"I get satisfaction about having ‘real’ conversations with people about why having the right cover in place is so important. I also take a lot of comfort from knowing that our clients are covered should the worst happen."

“Arranging mortgages for my clients impacts positively on their lives, and gives me immense job satisfaction. When a client returns for repeat business, or refers family and friends to me, I know that I have done a great job.”

“Arranging mortgages for my clients impacts positively on their lives, and gives me immense job satisfaction. When a client returns for repeat business, or refers family and friends to me, I know that I have done a great job.”

CAN YOU TAKE OUT LIFE INSURANCE ON A BUSINESS PARTNER?

CAN YOU TAKE OUT LIFE INSURANCE ON A BUSINESS PARTNER?

Yes. Business partner Life Insurance gives the surviving partners financial support to keep the business running and retain control. The insurance will help the Partners buy the interest in the partnership from deceased’s estate.

Yes. Business partner Life Insurance gives the surviving partners financial support to keep the business running and retain control. The insurance will help the Partners buy the interest in the partnership from deceased’s estate.

WHAT IS PARTNERSHIP PROTECTION?

WHAT IS PARTNERSHIP PROTECTION?

Partnership Protection enables surviving business Partners to retain control of the partnership, should another Partner suffer a critical illness or die.

Partnership Protection enables surviving business Partners to retain control of the partnership, should another Partner suffer a critical illness or die.

WHO IS THE OWNER OF THE POLICY IN PARTNERSHIP INSURANCE?

WHO IS THE OWNER OF THE POLICY IN PARTNERSHIP INSURANCE?

The partner would be the owner of the insurance policy, and the beneficiary would normally be the other partner or partners. In the case of a Limited Liability Partnership, the business can own the policy.  

The partner would be the owner of the insurance policy, and the beneficiary would normally be the other partner or partners. In the case of a Limited Liability Partnership, the business can own the policy.  

WHAT IS A CROSS OPTION AGREEMENT?

WHAT IS A CROSS OPTION AGREEMENT?

A cross option agreement is an agreement that can be included with Shareholder Protection, which ensures that if a Shareholder becomes ill, or passes away, the sale of their share runs smoothly.

A cross option agreement is an agreement that can be included with Shareholder Protection, which ensures that if a Shareholder becomes ill, or passes away, the sale of their share runs smoothly.

We work with the UK's leading insurance providers, helping you to protect yourself, your loved ones, and your business.

We work with the UK's leading insurance providers, helping you to protect yourself, your loved ones, and your business.

Frequently Asked Questions

Frequently Asked Questions

If you have a specific question, click the button below, and we will do our best to answer this for you.

If you have a specific question, click the button below, and we will do our best to answer this for you.

Why use us?

Why use us?

We don’t sell. We listen objectively and identify financial risks which allow us to put in place the best insurance policy available.

We don’t sell. We listen objectively and identify financial risks which allow us to put in place the best insurance policy available.

We have over 25 years' experience in the mortgage industry, offering a wealth of knowledge and the highest standards of professionalism. 

We have over 25 years' experience in the mortgage industry, offering a wealth of knowledge and the highest standards of professionalism. 

We have access to technical insurance portals to analyse the best providers and policies across the whole of the market.

We have access to technical insurance portals to analyse the best providers and policies across the whole of the market.

We provide expert professional advice to homeowners and first time buyers on mortgages, remortgages and buy to lets.

We provide expert professional advice to homeowners and first time buyers on mortgages, remortgages and buy to lets.

Where necessary, we have direct access to senior underwriters in some of the biggest insurance providers in the UK.

Where necessary, we have direct access to senior underwriters in some of the biggest insurance providers in the UK.

We are qualified to advise you on your equity release requirements.

We are qualified to advise you on your equity release requirements.

Related to Partnership Protection

Related to Partnership Protection

What our clients say

What our clients say

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