Share protection insurance provides funds to buy the company shares if a shareholder dies or becomes seriously ill. It is intended for private limited companies where there may only be a small number of principal shareholders. Generally, the major shareholders of such companies are also directors.
It is essential to cover your company against the loss of a shareholder and provide a financial safety net which will provide your business with both stability and security and ensures that your business will continue to prosper for many more years to come.
There are many dangers in losing a shareholder including:
Shareholder Protection will provide your company with the necessary funds and agreements to ensure that your company continues to operate with minimum disruption to it's continuity and help to make sure that you remain in control.
The benefits of arranging protection are: