We often advise in respect of the protection assurances required by shareholder and partnership agreements. Protection assurances can provide either lump sum payments or replace income, in circumstances such as death, diagnoses of a critical illness or inability to work through ill health. The need for this type of cover varies from life assurance covering mortgage or other borrowing, to simple family protection, providing financially for a spouse and often children in the event of a partners death. Critical illness cover may be included to provide more comprehensive benefits in a worst case scenario.