Shareholder and Partnership Protection
The success of any business depends on those who own and run the business. Your share in the business is one of your most valuable assets and you will doubtless wish to protect this value for the benefit of your family.
Shareholder or partnership protection cover provides funds if a shareholding director or business partner dies or becomes critically ill.
A legal agreement ensures that these funds are then used by the other parties to buy their interest/shares. This prevents their business interest passing to their estate and ensures that the deceased’s family are not left with an unwanted share in the business, or, on the flipside safeguards the business from an unwanted spouse becoming a member of the board!
To find out more information about shareholder protection please contact us and we will be happy to help.