What is shareholder protection?
Shareholder protection helps surviving shareholders buy a deceased or seriously ill shareholder’s stake.
It can prevent uncertainty, unwanted business partners and disputes at an already difficult time.
Key benefits
- Protects business ownership
- Supports continuity planning
- Usually paired with legal agreements
- Can include critical illness options
Frequently asked questions
Without it, shares may pass to family members who do not want to be involved in the business.
Cover is normally linked to each shareholder’s value in the business.
Usually yes. Insurance should be aligned with appropriate shareholder or cross-option agreements.