Shareholder protection insurance

We arrange Shareholder Protection (life & critical illness) to allow the remaining shareholders to purchase the shares if a shareholder dies or becomes critically ill.

Protect the shares within a business

Shareholder protection allows the remain shareholder to purchase the shares in your business if one were to die or become critically ill.

How shareholder protection works

Term life insurance is taken by each shareholder for their value of the business. This is then written under a business trust and cross option agreement in favour of the other shareholders. If a shareholder dies or suffers a critical illness (if taken), it allows the remaining shareholders to purchase the shares.

We offer 2 types of shareholder protection, as detailed below. As an independent broker, we’ll go to the market to find the right insurer and the right shareholder protection policy for you, at the right price. Terms & conditions will vary, according to the insurer, but we’ll discuss your best options with you. Please contact us for an initial, no-obligation chat.

Fixed-term life insurance

  • A fixed lump sum is paid in the event of the shareholders death
  • The policy term is fixed
  • The premium is also fixed throughout the term of the policy

Life with Critical illness insurance

  • A lump sum is paid if the shareholder dies or is diagnosed with a serious illness (such as cancer or a heart attack)
  • The policy term is fixed and should be reviewed on a regular basis.
  • The premium is also fixed throughout the term of the policy