Keyperson/shareholder/partnership protection can provide a fixed sum should the individual be unable to work, or even die. The benefit will be designed to cover the firm’s expenses in meeting any emergency costs, recruiting a replacement employee and protecting the future of the business.   Continuity
 Keeps your business running smoothly during difficult times.

• Control: Prevents external parties from acquiring shares unexpectedly.
• Security: Protects against financial strain from lost talent or unpaid debts.
• Tax Efficiency: Some policies offer tax advantages depending on structure.

 

Business protection is tailored to your company’s structure—whether you’re a sole trader, partnership, or limited company. Professional advice is essential to choose the right cover and set up policies correctly.

Would you like this adapted for your restaurant’s team structure or a brochure for local business clients in Coventry? I can also help with a warm, reassuring version for small business owners.

If a shareholder were to pass away, the firm’s remaining shareholders or directors may want to purchase the deceased’s shares from their estate promptly to maintain control of their business. The same scenario also applies to partners in a firm.