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Shareholder/partnership protection

One of the risks associated with owning a business is that your shareholders or partners may die.

Shareholder/partnership cover ensures that you retain control of your business by having the funds to buy the deceased owner’s share. Shareholder/partnership cover benefits both the remaining business owner(s) and the beneficiaries of the deceased shareholder or partner, helping to ease the burden when the unexpected happens.

Double option agreement

A double option agreement is the preferred method for shareholder/partnership cover as it provides the surviving shareholders with the option to buy the deceased business owner’s share of the business.

To find out more about how we can help you please contact our Client Engagement Team on 01242 585440 or clientengagement@attivogroup.co.uk.