Shareholder protection provides a lump sum for remaining shareholders to purchase the shares of a shareholder who has to leave the business due to serious illness, injury or death. These funds allow the remaining shareholders to provide the existing shareholders family/estate with funds and leaves the remaining shareholders with control of the business.
At Penberthy Insurance, we want to help you protect your business but it can be confusing knowing what you need and how much! If you would like to talk to one of our insurance advisers for a personalised review of your insurance needs, visit our website www.penberthy.co.nz.
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