Premium equalisation calculator

Calculates how to fairly split the premium costs amongst shareholders or partners in the business.

The results are based on the information you have provided and should only be used as a guide. Your information is only used to work out these results, therefore LV= will not store or retain any data once you exit the tool.

Loss of profits to the business

Learn more about premium equalisation

Premium equalisation makes sure that when business owners take out shareholder or partnership protection they only pay an amount that is commercially relative to the benefits they stand to gain. This means that once the premiums have been shared, a younger life with a smaller shareholding (sum assured) should pay a relatively larger proportion of the overall premiums than an older life with a larger shareholding in the same arrangement. This is because the potential benefit to the younger life is greater.

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Company name

Number of partners/shareholders

Name	Sum assured	Annual premium	Equalised premium	Premium difference, £
Name	Sum assured	Annual premium	Equalised premium	Premium difference, £	Please provide name	Please provide sum assured	Please provide annual premium
Total

Name

Sum assured

Annual premium

Equalised premium

Premium difference, £

Total:

Sum assured

Annual Premium

Equalised premium