Co-Director Insurance

What is Co-Director insurance for?

Co-Director Insurance makes funds available to buy a director’s shares from their successor when the director dies.

Who takes out Co-Director insurance?

The directors themselves

Why take Co-Director insurance out?

Surviving directors can lose control if a deceased director owned over 50% of the company.

The deceased successor:

  • may be unfamiliar with the business;
  • could have cash flow problems after losing the deceased’s income.
  • Gives company directors peace of mind
  • Means the deceased’s successor does not have to become involved in the business
  • Can also cover directors becoming seriously ill

Co-Director insurance benefits

  •  Gives company directors peace of mind
  • Means the deceased’s successor does not have to become involved in the business
  • Can also cover directors becoming seriously ill

Get in touch…

So if you’re located in Dublin or the greater Dublin area and are in need of professional and reliable Co-Director Insurance advice, don’t delay; contact our Business Protection expert Robert O’Neill today on 086 229 3032 or by email at rob@mcfinancial.ie

Our Contact Details

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MC Financial Services
Unit 9, Coolmine Enterprise Centre,
Coolmine, Dublin 15
Phone: 01 822 8022
Mobile: 087 932 1882

Email: info@mcfinancial.ie