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Brian Mellor
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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:
Brian Mellor Financial Services Limited, Russell House, 20 Stockwell Street, Leek, Staffordshire, ST13 6DS
T: 01538 371 288
F: 01538 372092

Email: admin@brianmellorfs.co.uk

Registration address as company address
Registration number: 07495677
Registered in: England & Wales

Directors: B R Mellor, L E Mellor

Brian Mellor Financial Services Ltd is Authorised and Regulated by the Financial Services Authority.

Brian Mellor Financial Services Limited is entered on the FSA register (www.fsa.gov.uk/register/) under reference 540721.

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

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: 01538 371 288 | admin@brianmellorfs.co.uk

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