What would happen if your partner in your practice died or was diagnosed with a critical illness? If the practice owns the premises could you make the appropriate payment to their estate without having to find a new partner or arrange "bridging finance"? A simple policy that will pay a lump sum to the practice allowing the share to be retained in the practice and current ownership to continue.
Insuring the 'key personnel for the benefit of the practice' will help the practice reduce or even alleviate this problem.
To talk to an adviser about your requirements please call 0800 163870 or click the link below.