One of the great risks of a business partnership is that one of the partners may die or suffer a specified critical illness, with his or her share of the business passing to their beneficiaries. The safety net is a pre-arranged scheme to ensure the surviving partners have enough funds to buy out the departed partner's interest in the business.
A Relevant Life Plan is a death-in-service benefit taken out by a company on behalf of an employee.
In the interests of financial security, business stability, and continuity - particularly for private limited companies where there may only be a small number of principal shareholders - it is important to provide a safety net following the loss of a shareholder
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It is not illegal currently to own the gadgets but the government has promised to ban them.
Tokyo and Beijing are in a dispute over the Japanese prime minister's remarks about Taiwan.
The 60 day pilot will use signals from mobile phone masts and satellites in space to create a more reliable connection.
The Environmental Audit Committee found the government's measures are not enough to meet targets.
"It's fantastic because it's eco-friendly...We're not burning any gases," says Terrence Bridges.
