Shareholder Protection
What would you do if you suffered the loss of a business owner?
Shareholder Protection explained
Losing a business owner could destabilise your business and lead to financial difficulties. But if you have Shareholder Protection, you can be confident that if the worst happens, the remaining partners, directors and members will stay in control.
How does it work?
If a business owner unfortunately dies or becomes terminally or *critically ill during the policy term, Shareholder Protection can provide a sum of money for the remaining business owners. Therefore, in the event of a valid claim, the policy could pay out an amount which would help to purchase the deceased, or *critically ill Shareholder’s interest in the business.
Contact us to discuss how you can protect your business.
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*If critical illness cover is chosen as an additional option at an extra cost.