Safeguard your decision makers and shareholders with shareholder protection insurance
What is Shareholder Protection?
Shareholder protection is for businesses with two or more shareholders. If one of your shareholders dies, the policy pays out to the remaining shareholders, the amount is pre-agreed, normally in relation to the value of the shares / company.
This type of policy is frequently supported with a cross-option agreement between the shareholders. In the event of a claim, the funds received are generally used to purchase the shares back from the deceased’s husband, wife or partner.
Benefits of shareholder protection insurance
• Business continuity
• Protects business stability
• Financial security for your family
• Retains control
• Prevents disputes
• Tax-efficient structure
• Peace of mind
Here at Steel River Business Insurance, our team have over 20 years of experience within the industry, working with the largest providers, we’ll ensure you receive the very best advice, guidance and support.
With our friendly team, there’s no waiting in call centre queues, you’ll receive a personal service, tailored exactly to your needs.