Shareholder and Partner Protection provides a business with a cash lump sum if one of the owners dies or suffers a severe illness.
This lump sum helps the remaining business owners minimise disruption to the business, by providing capital that enables them to buy that shareholder’s or partner’s shares and so keep control of their business.
Do I need Shareholder Protection?
If your business is critical to your income, your retirement and your family's lifestyle, it makes sense to protect it.
Shareholder protection also offers peace of mind for you, your business partners and the long term future of your business, whole taking care of your family financially.
Not protecting your ownership could mean that the business won't have the funds to buy your family out, could mean that your share passes into new hands or possibly threaten the stability of your business in the marketplace.
To find out more information on Shareholder Protection from our Insurance Specialist please contact us: