These are for guidance purposes only. Each case will be treated on merit.
| Net-pre tax profits averaged over the past 3 years | x5 | x% attributable to key person | = benefit |
|---|---|---|---|
| Example: If a company averages a net pre tax profit of £250,000 over the past 3 years and the key person is responsible for 50% of this, then the calculation would be: | |||
| £250,000 | x5 | x50% | = a benefit of £625,000 |
| Net-pre tax profits averaged over the past 3 years | x10 | + Net asset value + goodwill |
|---|
Cover can be provided to match the terms of the business loan
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PruProtect is a trading name of Prudential Health Services Limited and Prudential is a trading name of Prudential Assurance Company. Registered numbers 05933141 and 00015454 respectively. The Prudential Assurance Company Limited provides and manufactures benefits under the plan. Prudential Health Services Limited distributes and services the product and issues the documentation. Companies registered in England and Wales. Registered offices at Laurence Pountney Hill, London EC4R OHH. Both companies authorised and regulated by the Financial Services Authority.
Neither company is affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America.
