The biggest reason why any company owner should put shareholder protection insurance in place is to protect their family.
Think of what would happen to your shares in the Business if you died.
Who would inherit them? If it is your spouse or kids or other family members then there is a risk they will inherit shares that they cannot sell, or cannot sell at a fair value.
Your fellow business owners then end up with a shareholder or shareholders (your family members) who they did not set out to be in business with.
Shareholder Protection Insurance:
By completing the details in the calculator form on this page you will receive a bespoke report.
The calculator allows you to work out what level of protection you should put in place as shareholders in a company. It will then produce a report which shows you how to structure the plans and the option agreement you will need to add into this to make the arrangement legally robust.
Click here to get a personalised quote.
Below is a video from Penguin Managing Director and Certified Financial Planner, Craig Palfrey, talking through the importance of getting Shareholder Protection put in place for you, your business, and your family.