IFA Milton Keynes, Buckinghamshire ~ Financial Adviser Milton Keynes, Buckinghamshire ~ Financial Planning Milton Keynes, Bucks
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Share Protection

Share protection through life assurance

Directors' or partners' share agreements may provide for the remaining directors to purchase the shares of other shareholding directors should they die. However there is a risk that the remaining directors may not have sufficient funds to hand when a fellow director passes away unexpectedly.

One way round this is to take out life cover as a source of funding.

To arrange such cover requires the understanding and agreement of all concerned. It will also require some careful figure work to determine how much cover is required. However, it will be a comfort to all directors or partners of a business to know that their own or a colleague's death will leave the other directors with sufficient support to carry out the terms of their shareholders' agreement.


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Company address:
Reid Independent Financial Advisers, 12 Shenley Pavilions, Chalkdell Drive, Shenley Wood, Milton Keynes, Bucks, MK5 6LB
T: 01908 524582
F: 01908 526253

Email: enquiries@reidifa.com

Registration address as company address
Registration number: 2580331
Registered in: UK

Reid Independent Financial Advisers is a trading style of Reid & Co Financial Services Ltd.

Reid Independent Financial Advisers is authorised and regulated by the Financial Services Authority. Reid & Co Financial Services Ltd is entered on the FSA register (www.fsa.gov.uk/register/) under reference 153984

The FSA do not regulate National Savings products, personal and commercial loans, wills/will writing, some forms of mortgage, tax planning, inheritance tax planning or offshore funds.

The advice and / or guidance contained within this site is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

Telephone: 01908 524582 | enquiries@reidifa.com

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