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Get protection in case a shareholder is indisposed
If you have a shareholder agreement, it will include a clause that will give the business the money to buy out a shareholder in the event of their death or inability to work. It is a critical illness policy. Even if they are a silent partner, this clause should be in place.
How we work
We will sit down with you to understand your business and how best to protect its ongoing viability and success. We will explain the complete range of options available to you, detailing the pros and cons of every product. The benefit to you is that we can offer every product on the market.
Many brokers will claim to offer ‘whole of market,’ but that may just mean that they offer every kind of product, but that they are all from the same insurer. Independent means that we can offer every kind of product from every insurer.
Benefits
- A single point of contact at all times
- Advice from as early in the process as you need
- Access beyond us to over 25 experienced advisers for the more obscure questions
- Access to every type of product from every insurer – we are truly independent
- By your side all the way
- Annual reviews at the very least
Why choose us
Sometimes it seems that there are almost as many financial advisers as there are financial products. Why should you choose us. We think there are many reasons of course, but among the most important are the following:
- We are truly independent and can access the whole of the market.
- We are advisers, not salespeople.
- We are transparent in our costs and fees.
- Our extraordinarily high rate of returning customers shows that people enjoy dealing with us.
This last is perhaps the most important. The proof of the pudding is in the eating. If we did not give our customers great service, they simply would not return.
Your personal and corporate protection specialist
Coran Archer
Corporate and Personal Protection Adviser
Coran worked as a bank manager for 20 years, on the South Coast and in London. She was made redundant in 2019, moved into the world of Business Development Management, joining Protection and investment in 2023. She is delighted to return to her roots to selling financial services, which is something she has done for 27 years. She specialises in protection, especially for business owners and teams, helping owners protect the business, themselves, their family and their staff. She has teenage twins – a boy and a girl – and a dog called Branston. She loves hosting events.
"Honestly couldn’t thank Coran enough! She made the process for protection so easy and even just chatting with her, she got exactly where we were coming from! Amazing, amazing! Thank you."
Grace Bos
FAQs
What happens if a shareholder passes away without protection?
Without a plan, the deceased’s shares typically transfer to their beneficiaries (e.g., a spouse or children). This can leave the business with an uninvolved or inexperienced co-owner, force remaining partners to work with strangers, or result in forced liquidation if the family demands cash.
What is a Cross Option Agreement?
It is a legally binding document used alongside the insurance policy. It grants the surviving owners the option to buy the shares and the deceased’s estate the option to sell them. This prevents anyone from being forced into an unwanted sale or purchase.
Does the policy pay out automatically?
Payouts generally flow into a business trust. The trustees (usually the surviving shareholders) then use the cash to purchase the shares from the deceased’s estate.
Is shareholder protection the same as key person insurance?
No. Key person insurance protects the company against the loss of an employee’s unique skills or revenue generation. Shareholder protection focuses strictly on corporate ownership and equity control.
How much does this type of insurance cost?
Premiums vary widely based on the shareholder’s age, health, and the total value of their shares, generally running anywhere from £20 to over £100 per month per individual.
What are the tax implications of a payout?
When structured correctly via a trust, proceeds are typically free from capital gains tax (CGT) and personal income tax. Premiums are generally not treated as a taxable benefit (e.g., P11D) for the individual shareholders.
Let’s talk about your financial goals
For a detailed, confidential and without-obligation discussion, please get in touch.
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