Protection for shareholders

Being in business is exciting, especially when you are sharing the adventure with other people.

When things are going well we don't tend to think about what would happen if things go wrong. Do we?

I think it is important to.

If you have more than one shareholders in your business, what happens if they get ill/injured/die?

If it's illness, do you continue to pay them without them contributing to the business... and how long is that sustainable?

If they die, who gets their shares... and at what price? 

I'm purposefully asking a lot of questions here, as these are the questions you should be asking yourself as a shareholder.

If you can't answer the above, and you don't have a plan in place for these scenarios, speak to the professionals.

My speciality is insurance that covers your business for the above scenarios, working alongside legal professionals, we can make sure you have the answers to the above, and a robust strategey should the worse happen.

If you are a legal professional, and you talk to your clients about shareholder protection and executive income protection, but don't know where to send them to get the right cover in place, let's have a chat, we might be the right fit for some of your clients.

The best preparation for the future, is the actions you take today.

Tarnia ElsworthDirector and Protection Adviser Phone 01524 920015 Mobile 07951113654

Web www. tpfinancialsolutions.co.uk/protection

Email [email protected]