Premium equalisation calculator
Calculates how to fairly split the premium costs amongst shareholders or partners in 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.
Number of partners/shareholders
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.
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