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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.


Life Assurance Enquiry

Company address:
GCF Financial Ltd, Westhill Business Centre, Arnhall Business Park, Westhill, Aberdeenshire, AB32 6UF
T: 0845 390 1230
F: 0845 390 1240

Email: enquiries@gcf-ltd.com

Registration address:
23 Rubislaw Terrace, Aberdeen AB10 1XE
Registration number: SC297113
Registered in: Scotland

GCF Financial Ltd is authorised and regulated by the Financial Services Authority. GCF Financial Ltd is entered on the FSA register (www.fsa.gov.uk/register/) under reference 511660.

The FSA do not regulate National savings products, loans, Will writing and some forms of mortgage, offshore funds and inheritance tax planning.

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily restricted to consumers based in the UK.

For Investment planning we make recommendations based upon the Whole-of-Market

Telephone: 0845 390 1230 | enquiries@gcf-ltd.com

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