Co-ownership agreement for a critical illness insurance policy with premium return | ScriptaLegal
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Services > Business > Insurance of persons > Co-ownership agreement for a critical illness contract with a return of premium and resolution of the board of directors

Co-ownership agreement for a critical illness contract with a return of premium and resolution of the board of directors

Agreement between a corporation and its shareholder or key employee, which provides for the sharing of the premium, as well as the rights and obligations of each party, when a Critical Illness Policy with Return of Premium in favor of the insured is bought by the corporation...more

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Description

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This agreement between a corporation and its key person provides for the sharing of the premium, as well as the rights and obligations of each party, when a Critical Illness Policy with Return of Premium in favor of the insured is bought by the corporation.

In addition to the contract, the resolution of the board which authorizes the purchase of the policy and the signing of the Agreement will be prepared.

You may also add a confidentiality agreement, which obliges the corporation to protect the key person's medical and personal information contained in the Policy application.

  • A period of 1 to 3 business days will be required for the preparation of your service request

Other services offered

Price

Co-ownership agreement for a critical illness contract with a return of premium and resolution of the board of directors $700

Available option

Confidentiality agreement between the corporation and the insured $70

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Convention de copropriété lors de l'achat d'une AMG avec RDP
How to submit your request

* These fees may be changed within a 60-day notice and in accordance with section 71 of the Code of ethics of notaries.

GST and QST not included.

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