Shared ownership works when two or more parties agree to share a single asset. This way, each party pays only for the benefits they want.
Shared ownership using critical illness insurance allows a business to protect itself against financial hardship should a key employee be diagnosed with and survive a covered critical illness.
The strategy also provides the employee with an opportunity to participate in the benefits of a critical illness insurance policy.
This comprehensive set of tools will help you understand, illustrate and present this strategy.
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