Skip to main content
DNB Logo
Search
To Personnel insurance
  • Become a corporate customer
  • Help and advice
  • Make an appointment
  • Find your DNB branch

Footer navigation

©

DNB Logo

Partnership protection insurance

Secure the partnership of the company.

Image of two female colleagues walking and talking outdoors
  • Mutual financial security

  • Associates up to 7 partners in one agreement

  • Secures you or your survivors your rightful share of the company’s assets

I would like to receive an offer

Mutual financial security

If a partner dies or becomes permanently incapacitated for work, the deceased’s survivors or partner can be bought out of the partnership protection agreement. The insurance is counter-signed, which in practice means that the partners insure each other. In one agreement, up to 7 partners (insured parties) can be associated. The insured parties can have different insurance coverages and there’s no upper limit to the sum insured.

Partnership protection insurance FAQ

Which company types is this insurance suitable for?
  • General Partnership (ANS)
  • General partnership with shared liability (DA)
What consequences could a death among the partners have?

If one of the partners dies and the effects are not regulated by the partnership protection agreement, not being insured can have major consequences.

  • Heirs take over by virtue of their right of inheritance
  • The takeover not only gives ownership rights, but the heirs also become jointly responsible for the daily operations. Do they have the skills to take on the deceased’s role?
  • If the heirs are minors, the county governor will step in on behalf of the heirs
What is a partnership protection agreement?

If you’re going to join a partnership to set up a company, it’s a good idea to clarify the framework for this.

For example, the agreement can regulate:

  • who will be the managing director;
  • whether there will be joint and several liability for all participants in the company;
  • which salaries will be paid to the partners.
What happens if one of the partners becomes permanently incapacitated for work?

Should one or more of the parties suddenly no longer be able to work, the remaining partners could face major challenges.

  • The partner who is incapacitated for work cannot continue to play an active role in the business and its value creation.
  • The partner who is incapacitated for work may have other priorities than actively participating in the company

title

Have you suffered from an accident, injury or illness?

The easiest way is to report the incident via our digital solution in the online bank.

Our personnel insurance

  • Workers’ compensation insurance

    Covers employee injury and illness

  • Travel insurance

    Peace of mind if something should happen while travelling

  • Leisure accident insurance

    Covers accidents or injuries that occur during leisure time

  • Group life insurance

    Provides a one-off payment to the bereaved on the death of an employee

  • Group accident insurance

    Peace of mind for your employees if they have an accident

  • Partnership protection insurance

    The insurance is a financial hedge against the partnership protection agreement

  • Key person insurance

    Disbursement if a key person dies or becomes incapacitated for work

  • Health insurance

    Ensures that employees of the company receive quick treatment

  • Sickness assessment insurance

    Employees receive disbursements for the first few years of the incapacity period

  • Income protection insurance

    Covers the company’s ongoing operating costs if you should become ill

  • Sick pay insurance

    Covers salary payments to employees on sick leave

  • Other sickness insurance

    Insures your employees even when the illness isn’t work related

  • Pension and insurance package

    The package that covers the statutory requirements

Provider of the insurance

The insurance is provided by DNB Livsforsikring AS.