Shareholder Protection

Business Protection aims to reduce the financial impact of death or critical illness affecting key people within your client's business.


The success of your business can depend on those who own and run the business. Have you ever considered how your business would cope if a partner or shareholding director died? 

It’s likely that the death of a partner or shareholding director would have a huge impact on the future of your business. The surviving partners or directors may struggle to continue the business or even to retain control of it. In the worst-case scenario, the financial strain may force the business to cease trading. 

Similar problems could occur if a partner or shareholding director were to suffer from or be diagnosed with a critical illness. Your share in the business is likely to be one of your most valuable assets and you will no doubt wish to protect it for the benefit of your family. 

Business protection can provide funds on the death of a partner or shareholding director. A legal agreement ensures that these funds are used to purchase the deceased’s share of the business from their estate. It is also possible for a similar payment to be made if one of the partners or shareholding directors suffers from or is diagnosed with a critical illness. 

Please note the plan never has a cash-in value. You should regularly review your cover to make sure it still meets your needs

To find out more about how we can help protect your business’s future, contact us today