Equalisation calculator

Designed to help build your business.

When setting up protection for shareholding directors or partners you should consider arranging to even out any differences between the payment that each is making to their plans. This is known as equalisation of premium or payment.

This calculator gives you a quick way to show how to achieve a fair distribution of costs. It allows you to enter the name, percentage share, amount of cover and payment for each person and will then tell you how much each of them should be contributing in proportion to the potential benefit each will receive. You can use this calculator for businesses with up to 10 owners and once the calculation is complete you can leave a copy with your client.

How to use this tool.

Type in your client's business name and then select from the drop down box the number of partners or shareholders covered. You can then add their details into the calculator. Once you've completed all the relevant information click on calculate to find out the equalised premium. You can save as a pdf and then you can print off a copy for your client.

If you have any problems, send us an email to protectionmarketing@royallondon.com

This website is intended for financial advisers only and shouldn't be relied upon by any other person. If you are not an adviser please visit royallondon.com.

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.