Premium Equalisation calculator

This calculator will help you to work out premium equalisation for your clients.

If equal shares are held among four partners in a business, you may expect them to pay 25% of the total premium costs each. But if one partner is older, or has pre-existing conditions, this may not be the fairest way of dividing the expense. HM Revenue & Customs also insists on this process to approve these premiums as commercial arrangements.

All fields are required.

Name	Age	Share	Sum Assured	Premium	Equalised Premium
		%	£	£
		%	£	£
		%	£	£
		%	£	£
		%	£	£
		%	£	£
		%	£	£
		%	£	£

Maximum of 8 partners

If Critical Illness is included in the policy, a maximum sum assured of £2,000,000.00 applies.