Shareholder Protection
What is Shareholder Protection Insurance
Shareholder Protection Insurance is a device to make sure that, should a shareholder die, the shares of the company remain in the hands of the other directors while the estate of the deceased shareholder benefits to the value of the shares.
The Shareholder Protection Insurance is paid to the directors who then use it to buy the shares of the estate, often under the terms of an agreement set up in conjunction with the insurance.
There are three forms of shareholder protection:
- Own life policy held under business trust
- Life of another policy
- Company share purchase
Each policy has its own detail and clauses, however, in general each shareholder has their own policy. Shares purchased from the estate are usually split equally between the remaining shareholders. Typically this sort of scheme wiill require that the company must either alter their Articles of Association or make a seperate agreement.
Why use Contact Insurance for Shareholder Protection Insurance
Contact Insurance is an expert in all areas of Business Protection Insurance. We source and quote on: Shareholder Protection Insurance Plans being able to offer a full Shareholder Protection Insurance Comparison and complete Shareholder Protection Insurance Quotes.
Having established a full overview from across the entire market of Shareholder Protection Insurance Rates, the selection of the best Shareholder Protection Insurance Policy for the specific requirement is all that is left for our clients.
Contact Insurance is an insurance broker. We offer the same convenient online comparison tools available all over the web these days; the difference is that you have access to free insurance advice, over the phone, through us. Insurance can be a complicated subject. Insurance companies often use the small print in their policies to avoid paying out. Simply put, if you don’t get the insurance application right, it can all go wrong when you make a claim.
Contact Insurance protects your interests. We will monitor the process from start to finish and keep you appraised as developments arise. We will liaise with underwriters, insurers, medical bodies and primarily you, to provide the very best service available.
We are proud to be one of the most respected young insurance brokers in the UK. We are also one of the fastest growing insurance brokers in UK. You deal with real people, based at our offices in Cheltenham, where we manage the process for you, and strike the right balance, being highly professional and very personable.
Contact Insurance simply offers first class levels of service, responsiveness and help in all areas of:
- Shareholder Protection Insurance Plans
- Shareholder Protection Insurance Comparison
- Shareholder Protection Insurance Quotes
- Shareholder Protection Insurance Rates
- Shareholder Protection Insurance Policy
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