Partnership & Shareholder Protection

Who will control my business?

Losing a partner, member or shareholding director can have a major impact on the success of any business. But it’s not just about the loss of profit a business could suffer.

Could your business continue if one of the owners were to die or suffer a critical illness? Who would take their place? Not only in performing their day-to-day duties, but in deciding how your business is run in the future?

Security for your business

Imagine if one of your co-owners were to die. Not only could your business suffer financially because they’re no longer there, but what would happen to their share of the business?

You could be forced to work with someone new, like one of their family members for example. That person may have no knowledge of your business and no interest in it either. But because they now own a share, they have just as much say as your co-owner had before they died.

And if your co-owner suffers a critical illness this creates even more uncertainty. Will they be able to return to work and if so, when? Will they want to sell their share of the business, and who will buy it? By having partnership and shareholder protection in place all of these problems can be solved. Business protection insurance gives you and your co-owners the security of being able to keep the ownership of the business in the hands of those who have built it. It also makes sure an owner who becomes ill, or the family of an owner who dies, receives a fair value for their share of the business.

Have you considered what might happen if you or one of the owners of your business becomes critically ill or dies?

They or their family might want to sell their share of the business. This could be to a competitor or some other unsuitable buyer.


An unthinkable scenario is that family of the deceased could force the winding up of your perfectly profitable business.

Perhaps their family may wish to become involved in the business, which at best could be disruptive or at worst unacceptable to the other owners.


The other owners may have to use funds they intended for other purposes to buy the share of the stricken owner.


Find out more about protecting your business. Contact us now for a FREE consultation.

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“Half of being smart is knowing what you are dumb about.”

Solomon Short

Ablestoke’s Registration Number is: OC367708 and Place of Registration is: England. The Company Registered Office is : Admirals Offices, Main Gate Road, The Historic Dockyard, Chatham, Kent, ME4 4TZ.

Ablestoke Financial Planning LLP is an appointed representative of Intrinsic Financial Planning Limited and Intrinsic Mortgage Planning Limited, which is authorised and regulated by the Financial Conduct Authority. Intrinsic Financial Planning Limited and Intrinsic Mortgage Planning Limited are entered on the FCA register ( under reference 440703 and 440718.

The value of pensions and the income they produce can fall as well as rise. You may get back less than you invested.

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