Keyperson, Shareholder and Partnership Protection

Businesses may want to protect the key employees within their firm – perhaps the key salesperson, or the IT manager without whom the business will not function properly. Keyperson / shareholder / partnership protection can provide a fixed sum should the individual be unable to work, or even die. The benefit will be designed to cover the firm's expenses in meeting any emergency costs, recruiting a replacement employee and protecting the future of the business.

Similarly, if a keyperson / shareholder was to pass away, the firms remaining shareholders or directors may want to purchase the deceased's shares from their estate promptly to maintain control of their business. The same scenario also applies to partners in a firm.

Please contact us if you wish to discuss your Business Protection provisions.

The Milk Bottle,99 Torquay Road
Paignton, Devon, England, TQ3 2SE 01803 872109
mark@mrmortgages.co.uk
Authorised and Regulated by the Financial Conduct Authority. Registered in England and Wales Company No. 5161473. Registered Office: Compton Holt Lodge, Compton, Paignton, Devon, TQ3 1TA. FCA Firm Number: 311509. Mr Mortgages is a trading name of Mark Rainey Mortgages Ltd.