Shared ownership - critical illness insurance

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.