Shareholder Protection
For co-owners of privately held businesses, shareholder protection insurance ensures that the business can continue to operate following the death or permanent disablement of one of the owners. Shareholder protection (also known as buy/sell insurance) covers surviving shareholders for the purchase of the remaining share.
In standard wills, a business shareholding would pass to next-of-kin or another nominated party, however these recipients are probably not able to operate the business to the required extent. Shareholder protection ensures that your family receive a fair financial return should anything happen to you; and business partners are able to continue to operate the business.
Fill out the 1300 Life Insurance quote form below and we will be in touch to discuss your shareholder protection insurance needs. To look after the needs of your family and your business partners, shareholder protection is insurance that takes the future into account.
How much insurance
do you need?
When calculating your insurance coverage, make sure you take into account all of your debts, as well as ongoing lifestyle and education expenses. Proper coverage can ensure that your family will be comfortable, whatever happens.
