Keane Pension & Investment Consultants Limited
  • About Us
    • Directors
    • Strategic Partners
    • Father Mathew Hall
  • Individual Client Services
    • Pensions
    • Investments
    • Protection
  • Corporate Client Services
    • Group Pension Schemes
    • Group Protection Schemes
    • Corporate Investments
    • Business Protection
  • Public Sector Services
  • Compliance Notices
  • Contact Us
  • Menu Menu
  • Business Protection

Co-Directors Protection

The death of a company director can have a serious impact on the surviving directors and the deceased’s successor. Ideally, if there is sufficient cash in the business, the surviving directors would buy the shares of the deceased director from the deceased’s estate.

Co-Directors Protection ensures that this cash is available. There are two ways of setting up this insurance;

  • Life of Another – Each director received the proceeds of a policy for which he/she personally paid the premiums. There is no liability for Capital Acquisitions Tax.
  • Own Life in Trust – Each director takes out a life assurance policy on their own life in trust for the surviving directors. In order to have no liability to Capital Acquisitions Tax in the hands of the surviving partners, certain Revenue guidelines must be met.

If a director dies, the surviving directors would then have the cash to enable them to buy back the shares from the deceased’s estate.

For more information on any of our services or products, please contact your Financial Advisor or use our contact page to get in touch directly with us.

Click me
Address

Father Mathew Hall
131 Church Street
D07 E363
info@keaneinvestments.com

Telephone:
353 (0)1 8280080
Fax:
353 (0)1 8148872

Address

Keane Pension & Investment Consultants Limited

Father Mathew Hall
131 Church Street
D07 E363

Contact Us

info@keaneinvestments.com

Telephone:
353 (0)1 8280080
Fax:
353 (0)1 8148872

Click here for our contact form

Links

Links



© Copyright 2020 - Keane Pension & Investment Consultants Limited
  • Terms & Conditions
Scroll to top