Shareholder Protection

In simple terms, Shareholder Protection insurance provides a lump sum on death of a shareholder. These funds allow the remaining shareholders to purchase the deceased individual’s shares. They can therefore retain ownership of the business and the family of the deceased are suitably recompensed.

Shareholder Protection

In simple terms, Shareholder Protection insurance provides a lump sum on death of a shareholder. These funds allow the remaining shareholders to purchase the deceased individual’s shares. They can therefore retain ownership of the business and the family of the deceased are suitably recompensed.

In reality, setting up the correct insurances is a complex matter and we can help you with this. Policies can be set up in a number of ways using the appropriate agreements and trusts. The exact structure of the arrangement will depend on the way your business is set up. Arranging this correctly is imperative to make sure that the funds reflect the value of the business and are passed to the family in the correct manner. As always, it is important that you consider the tax implication of doing this.

As independent advisers we can choose the most suitable and competitive insurers in the market place. We will also guide you as to how the policies should be set up so that they match the requirements of your business.

Ready to talk?

 

Our financial advisers are here to help. To arrange an independent review, email us below or contact the team on 01803 652030.

 

Ready to talk?

 

Our financial advisers are here to help. To arrange an independent review, email us below or contact the team on 01803 652030.

 

Regulated by

Pavey Group Financial Services Limited is authorised and regulated by the Financial Conduct Authority Registration No. 463257. Registered in England No. 3418320. Registered address: 50 The Terrace, Torquay, TQ1 1DD.

Office

Minerva House
Orchard Way
Edginswell Park
Torquay
TQ2 7FA

Tel: 01803 652 030

IFA

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