Shareholder and Partnership Protection

Partners and major shareholders have the future of the business in their sights, planning for the long-term, steering the company in the right direction. The loss of a partner to illness, disablement or death is a heavy blow for the family, and has serious implications for the business.

What is Partnership & Shareholder Protection?

It makes sure partners can maintain control of the business in the unhappy event of a partner’s death. It also ensures that the family benefit from the partner’s share of the business, and their contribution to it.

Who needs it?

Any business with more than one partner or shareholder.

How is this different from Key Person Insurance?

This cover differs in several important ways. It creates the right conditions for succession-planning, and provides for the affected partner’s or shareholder’s family. It is a good idea to consider having both Key Person and Partner & Shareholder cover to help protect profits, meet the company’s commitments, and provide funding for business continuity. A partner or shareholder may also be your business’s key person.

Why do businesses take out this kind of cover?

For many reasons. The long-term future and direction of the business depends on its major shareholders and partners; losing a partner to illness, disablement or death has the potential to expose the business to loss of control and a turbulent period of succession. Partnership and Shareholder Protection covers funding to buy the partner’s beneficiaries’ share, keep control of the business and steer it towards a smooth succession.

What about the partner’s next-of-kin?

The policy protects them too, by guaranteeing they will receive quick payment for their share of the business. Beneficiaries who have neither the experience nor the appetite to contribute to the business appreciate a swift resolution of their partner’s business affairs.

Why should I choose Activ Consulting?

This is a complex area of insurance, involving trusts, legalities and cross-option agreements. Activ Consulting has long experience of navigating businesses through these. Because Activ Consulting works with main insurers specialising in partner and shareholder protection, we’re able to offer independent and expert advice.

Latest News...

3 travel insurance mistakes you need to avoid

Booking a holiday is always exciting, even if your departure date is well in the future. In fact, having plenty of time before you leave allows you to secure the best deal for a very important element of your holiday: travel insurance. This absolute holiday necessity – which covers everything from lost luggage to a medical…

Stroke sufferers in the the UK getting younger

The average age at which people in England have a stroke for the first time has fallen over the past decade, new research shows. Between 2007 and 2016, the average age for men having a stroke for the first time dropped from 71 to 68 while it fell from 75 to 73 for women, according…

Working with the best providers...

Get a Free Consultation/Quote

To find out more about how Activ can help you simply call on 0161 790 7373 to speak to a member of our team or click on the link below to receive a FREE no obligation quote.

Free Quote



T: 0161 790 7373


Activ Consulting Group Limited
51 Leigh Road
M28 1XJ

© Activ Consulting Group Ltd 2020

Registered Address: Bank Chambers, Market Street, Huddersfield, West Yorkshire HD1 2EW.

Registered in England 07744287

Activ Consulting Group Limited is an appointed representative of Premier Choice Healthcare Ltd which is authorised and regulated by the Financial Conduct Authority.

FCA No. 312878