Business Protection

When you're working hard to make your business a success, it is important to protect everything you're working towards.

Arranging insurance for your business can be time consuming and expensive, especially when dealing with multiple covers and providers. Our Corporate Solutions Team have the expertise to make this a smooth and easy process.


The level of insurance can be calculated under different bases, such as multiples of business profits or salaries of the key personnel, or even a proportion of the payroll cost, depending on the type and structure of the business.

This protection is designed to pay a pre-determined lump sum to the business on the death or critical illness of a key shareholder, both to help the remaining owners retain control of the business by providing capital to purchase the shares from the individual or their family and to ensure a fair price can be paid to those affected when it is most needed.

There are many questions that will need answering when deciding whether shareholder protection is a requirement for your business:

  • Have you discussed the effect of the death of one of your fellow shareholders on the structure and ownership of the business?
  • Do you have sufficient, readily-available assets to buy that person’s share of the business, or would their family like to remain involved?
  • You may have a strong working relationship with your current colleagues, however, would you feel the same way working with their spouse, or their children?
  • Would your family wish to remain involved in the business should anything happen to you, or would they prefer to sell the shares and release the capital?
  • Would your family receive a realistic price from a third party if they were to sell them on, and is the marketability of the shares good in the instance of the business having lost a key decision maker?
  • Do the company’s Articles of Association allow for a third party sale of shares, or are there specific restrictions on the transfer of shares which need to be considered?

Call our team today

We are happy to come to you to discuss your business requirements